Nigeria Now Buy Refined Oil from Niger

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Nigeria Now Buy Refined Oil from Niger

As Nigeria struggles to get its refineries to work and attract foreign investment to the oil industry’s downstream sector, Niger Republic has built a single 20,000 barrel refinery per day with local market configuration.

1n 2011, Niger Republic started commercial exportation of oil production and it now exports petroleum products to Nigeria.

Nigeria has for many years depended on refined fuel from other countries because

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.

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The single 20,000-barrel per day refinery facility in Niger 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.

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

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

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