Niger now exports fuel to Nigeria

Posted by E.L.E.X on September 09 2020 under News









Niger Republic, a country that started commercial oil production in 2011, now exports petroleum products to Nigeria.

 

For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries. According to Guardian, data obtained from the African Refiners & Distributors Association (ARA) revealed that strong refinery performance in neighbouring Niger Republic meets local fuel demand, and the excess production is exported to Nigeria, Mali and Burkina Faso.

 

As Nigeria struggles to get its refineries working and to attract foreign investment to the downstream sector of the oil industry, Niger has built a single 20,000-barrel per day refinery with configuration for local market. The facility is currently turning out liquefied petroleum gas, 7 per cent; gasoline, 32 per cent; and diesel, 61 per cent, to enable it optimise stranded crude supply.

 

Niger built its refineries in less than three years, pushing utilisation from zero to about 90 per cent in 2019.




YOU MAY ALSO LIKE

Related Posts Pictures

Pastor Kumuyi Reacts To President Buhari’s Twitter Ban

Related Posts Pictures

Mailafia Reveals How He Got Information On Northern Governor Leading Boko Haram

Related Posts Pictures

Nigeria’s chief of army staff, Buratai Releases Shocking Statement In Favour Of Boko Haram (Read Details)

Related Posts Pictures

Terrible!!!! Jungle Justice: Suspected thief burnt to death in Lagos after his charm failed him while stealing a car from a church (Photos)

Related Posts Pictures

Photos: Tears as Corps member who was the first graduate in his family, is laid to rest

Comments


Add Comment

All fields are required!








Contact Us Picture

Are you interested in Advert placement | Promoting your Music or Video | Other Enquiries? We are always available to get that done for you without breaking a sweat. Send us a mail @ elextechnologies4@gmail.com | Call us @ 08132021949 | Message us via whatsapp @ 08132021949