The Nigerian Midstream and Downstream Petroleum Regulatory Authority has issued licences to three oil companies to construct refineries, adding 140,000 barrels per day to Nigeria’s refining capacity.
In a post on X on Friday, NMDPRA said Eghudu Refinery Limited received a licence to construct a 100,000 bpd refinery in Edo State, while MB Refinery and Petrochemicals Company Limited was licensed to establish a 30,000 bpd facility in Delta State.
The statement read, “The Authority Chief Executive, Engr. Farouk Ahmed presented a licence to construct a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo State, a licence to establish a 30,000 bpd refinery to MB Refinery and Petrochemicals Company Ltd in Delta State, and a licence to establish a 10,000 bpd refinery to HIS Refining and Petrochemical Company Ltd. in Abia State.
“These licences, which would add 140,000 barrels per day to Nigeria’s domestic refining capacity, were presented to the MDs of the companies.”
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In August 2024, NMDPRA granted an operational licence to Edo Refinery and Petrochemical Company Limited, Ologbo, allowing it to begin full operations.
The newly licensed refineries join existing ones, including the Dangote Petroleum Refinery and Petrochemicals FZE, Warri Refinery and Petrochemical Company, Kaduna Refinery and Petrochemical Company, and Port Harcourt Refinery Company Limited.
Others are Aradel Refinery, OPAC Refineries, Waltersmith Refinery and Petrochemical Company, Duport Midstream Company Limited, and Edo Refinery and Petrochemical Company.
