• Advertise
  • Opinion
  • Features & Interviews
  • Investigation
  • Contact
Friday, June 2, 2023
  • Login
No Result
View All Result
NEWSLETTER
The Lagos Today
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Eko Football: Fouad Oki elected Chairman LSFA

    Eko Football: Fouad Oki elected Chairman LSFA

    FIFA U-20: Nigeria defeats Italy

    FIFA U-20: Nigeria defeats Italy

    Kuti turns self in over assault on Policeman 

    Seun Kuti: Magistrate dismisses application to arraign singer by Police

    Manchester City Win Premier League

    Manchester City Win Premier League

    Kuti turns self in over assault on Policeman 

    Femi Kuti Speaks On Brother’s Arrest, Says ‘We’ve Got The Best Lawyer’

    Update: Kuti detained in Panti, Lagos

    Update: Kuti detained in Panti, Lagos

    Malik family emerge winners in Lagos Squash Classics

    Malik family emerge winners in Lagos Squash Classics

    Kuti turns self in over assault on Policeman 

    Kuti turns self in over assault on Policeman 

    19 players compete for $12,000 at Squash Classics in Lagos today

    19 players compete for $12,000 at Squash Classics in Lagos today

    Guitar Boy, King D, Trailblazer Band lights up Couples’ Hangout

    Guitar Boy, King D, Trailblazer Band lights up Couples’ Hangout

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

  • Things To Do
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Eko Football: Fouad Oki elected Chairman LSFA

    Eko Football: Fouad Oki elected Chairman LSFA

    FIFA U-20: Nigeria defeats Italy

    FIFA U-20: Nigeria defeats Italy

    Kuti turns self in over assault on Policeman 

    Seun Kuti: Magistrate dismisses application to arraign singer by Police

    Manchester City Win Premier League

    Manchester City Win Premier League

    Kuti turns self in over assault on Policeman 

    Femi Kuti Speaks On Brother’s Arrest, Says ‘We’ve Got The Best Lawyer’

    Update: Kuti detained in Panti, Lagos

    Update: Kuti detained in Panti, Lagos

    Malik family emerge winners in Lagos Squash Classics

    Malik family emerge winners in Lagos Squash Classics

    Kuti turns self in over assault on Policeman 

    Kuti turns self in over assault on Policeman 

    19 players compete for $12,000 at Squash Classics in Lagos today

    19 players compete for $12,000 at Squash Classics in Lagos today

    Guitar Boy, King D, Trailblazer Band lights up Couples’ Hangout

    Guitar Boy, King D, Trailblazer Band lights up Couples’ Hangout

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

  • Things To Do
No Result
View All Result
The Lagos Today
No Result
View All Result
Home Business

Dangote Refinery 80% Ready, DPR says

by Idonosan Debe
April 14, 2021
in Business
2 min read
0
0
China, Nigeria Sign $8 Billion Deal on Oil Refinery
Share on FacebookShare on Twitter

… Revokes 32 Refinery Licences

Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources.

The DPR said on Monday that the number of valid refinery project licences stood at 23 as of March 2021, down from 44 in April 2018.

An analysis of the agency’s new list of valid refinery project licences and that of April 2018 showed that 32 licences had become invalid while 11 new licences were granted between May 2018 and March 2021.

As of April 2018, there were 38 proposed modular refineries with capacity ranging from 5,000 barrels per stream day to 30,000bpsd, and six conventional plants with a total capacity of 1.35 million bpsd.

The DPR had said then that 20 of the licences were active, adding that 24 of the licence holders were still sourcing funds, although most of the licences had expired as of April 2018.

The agency’s updated list showed that the construction of four modular refineries, with a total capacity of 23,000bpsd, had been completed.

The refineries are Waltersmith Refining & Petrochemical Company Limited in Imo State, OPAC Refineries in Delta, Niger Delta Petroleum Resources (Train 3) in Rivers, and Edo Refinery and Petrochemical Company Limited in Edo.

The biggest refinery project, which is being built by Dangote Oil Refinery Company in Lagos, is more than 80.3 per cent completed, according to the DPR.

The refinery projects whose licences were declared invalid by the agency include BUA Refinery & Petrochemicals (Akwa Ibom); Dee Jones (Cross River); Energia Limited (Delta State); Southfield Petrochemical & Refinery Ltd (Edo); Starex Petroleum Refinery (Onne Oil & Gas Free Trade Zone); RG Shinjin Petrochemicals (Delta); Don Mac (Edo), and Platinum Hydrocarbon Resources (Delta).

Others are Mondonat Nigeria Ltd (Delta); Ikwe-Onna Refinery (Akwa Ibom); Shepha Petroleum & Petrochemicals Company (Delta); JIL-Amber (Port Harcourt Refinery); Gazingstock Petroleum Company (Delta); Petrolex Oil & Gas Limited (Ogun); Eghudu Refinery (Edo); Ibafon Refinery FZE (Calabar FTZ, Cross River); and Kainji Resources (Imo).

Among them are Eko Petrochem & Refining Company (Lagos); Hi Rev Oil (Akwa Ibom); Epic Refinery & Petrochemical Industries (Bayelsa); Masters Energy Oil & Gas (Rivers); Cross Country Oil & Gas (Imo); Grifon Energy (Ondo); Sifax Oil & Gas Company (Lagos); and Capital Oil & Gas Industries (Lagos);

Others are All Grace Energy (Rivers); Green Energy International (Rivers); Fresh Energy Limited (Bayelsa); Chyzob Oil & Gas (Abia); Aiteo Energy Resources Limited (Delta); Associated Worldwide Company (Akwa Ibom); and Amakpe International Refinery (Akwa Ibom).

Follow us on social media
  • Facebook
  • Twitter
  • Instagram

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: Dangote RefineryDPR
Previous Post

Naira Appreciates At Black Market as External Reserves Rise to $620m

Next Post

Covid-19: Nigeria-France Trade Volumes Plunged By $2.2bn in 2020

Idonosan Debe

Idonosan Debe

Related Posts

E-hailing Cab Drivers Lament Hardship As LASG Moves To Implement Service Fees Hike

Fuel price hike: Customers find alternatives as Bolt ride price increases by over 100%

by Segun Adewunmi
June 1, 2023
0

Customers of the ride-hailing app, Bolt, have been groaning over the astronomical increase in ride charges on the platform due...

CBN reduces MPC rate from 13.5% to 12.5% over Coronavirus

CBN: We didn’t devalue naira to N630/$1

by Segun Adewunmi
June 1, 2023
0

The apex bank in Nigeria, the Central Bank of Nigeria (CBN) has reacted to reports claiming that it has devalued...

Next Post
Covid-19: Nigeria-France Trade Volumes Plunged By $2.2bn in 2020

Covid-19: Nigeria-France Trade Volumes Plunged By $2.2bn in 2020

Please login to join discussion

Recommended

2.5m Lagosians Join APC

Ex-convict arrested with guns, charms at Kwara APC rally 

4 months ago
Rio cartels go from running drugs to pushing medication

Rio cartels go from running drugs to pushing medication

3 years ago

Popular News

    Newsletter

    Connect with us

    Tags

    #EndSARS 2023 Elections 2023 polls 2023 Presidency Academic Staff Union of Universities (ASUU) ACCIDENT Africa All progressives Congress APC Asiwaju Bola Tinubu Babajide Sanwo-Olu Bitcoin CBN Central Bank of NIgeria Central Bank of Nigeria (CBN) China Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Cryptocurrency Donald Trump Drug Trafficking EFCC Federal Government Federal Government of Nigeria Fraud Gov. Sanwo-Olu Insecurity Lagos-Ibadan expressway Lagos state Lagos State Government Lagos State Police command Muhammadu Buhari Murder Naira NDLEA New naira notes Nigeria Rape Strike action UK United states US

    News

    • Business
    • National
    • Politics
    • Tech

    Opinion

    • Editorials
    • Today’s Opinion
    • Letters
    • Sunday Review
    • Advertise
    • Opinion
    • Features & Interviews
    • Investigation
    • Contact

    © 2020 The Lagos Today - Nkali.

    No Result
    View All Result
    • Home
    • News
      • Lagos News
      • National News
      • World News
    • Entertainment
    • Opinion
    • Business
    • Features & Interviews
    • Best Of Lagos
    • Things To Do

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    %d bloggers like this: