Nigeria Plans Full Operation of Two Refineries by End of 2024

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Senator Ifeanyi Ubah, Chairman of the Senate Committee on Petroleum (Downstream), announced plans for two Nigerian refineries – Port Harcourt and Warri – to be fully operational by the end of 2024.

Additionally, the Kaduna Refinery is expected to come online before the end of next year. Ubah emphasized the importance of these initiatives in meeting the nation’s domestic fuel demand, particularly with the impending completion of the 650,000 barrels per day Dangote Refinery.

He also urged the government and stakeholders to focus on establishing modular refineries to further enhance domestic refining capacity. Meanwhile, Seplat Energy aims to end gas flaring by 2025 with the launch of the ASA North project and Sapele gas plant, increasing its gas supply capacity to 850 million cubic feet per day.

Chief Operating Officer Samson Ezugworie highlighted the environmental benefits of curbing gas flaring, emphasizing the company’s commitment to sustainable practices.

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