Three companies have been received licenses to build new 140,000 barrels per day refineries in Abia, Delta, and Edo States.
The Nigeria Midstream and Downstream Petroleum Resources Authority announced the issuance of the licenses in a statement.
The statement quoted that the Authority issued Eghudu Refinery Ltd in Edo state a 100,000 bpd refining license,MB Refinery and Petrochemicals Company Ltd in Delta State,a 30,000 bpd refinery,while HIS Refining and Petrochemical Company Ltd. in Abia state got approval to construct a 10,000 bpd refinery.
It added: “The Authority Chief Executive, Engr. Farouk Ahmed presented a License to construct a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo state, a License to establish a 30,000 bpd refinery to MB Refinery and Petrochemicals Company Ltd in Delta state, and a License to establish a 10,000 bpd refinery to HIS Refining and Petrochemical Company Ltd. in Abia state.
“These licenses, which would add 140,000 barrels per day to Nigeria’s domestic refining capacity, were presented to the MDs of the companies.”
