Energy Gas Oil

FG approves licence for 27,000 barrels refinery

Photo caption: Refinery

 

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery.

The approval given to a company named Process Design and Development Limited is to establish and construct a new 27,000 barrels per day refinery.

It said the facility will be located in Dole-Wure, Akko area of Gombe State.

The authority in a post on its official X handle on Thursday, said, “Authority Chief Executive presented a Licence to Establish a 27,000 BPSD Refinery to the Managing Director/ CEO of Process Design and Development Limited.

“The refinery is to be located in Dole-Wure, Akko, Gombe State.”

The latest development signifies that Nigeria now officially has about 10 modular and regular refineries, adding to the nation’s refining capacity.

However, despite this increase in the number of refineries, most of them remain moribund, with many not functioning at full capacity or efficiently.

A background check using NG.Checks showed that the company is located in Kano with registration number 487883.

Its directors are Adamu U. Sanda, Abdulkadir Umar, Umar S. Umar and Bashir Umar.

 

 

 

Related posts

Petrol price may drop this month, say marketers

Our Reporter

NPDC donates 150 tricycles to OML40 host communities in Delta

Shile GIWA

Ikeja Electric celebrates women in style

Editor

Aghoro Community expresses disappointment over compensation on oil spill

Shile GIWA

NNPC weekly: Kyari advocates tackling global energy crises with more investment in oil, gas

Abisola THOMPSON

NALPGAM raises alarm over eateries within fuel station

Editor