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Nigeria To Return As Net Exporter Of Petrol By 2022 – DPR

Nigeria To Return As Net Exporter Of Petrol By 2022 – DPR

The Department of Petroleum Resources (DPR), says with five refinery plants built across the country and seven in the making, Nigeria will be a net exporter of petroleum products in the next two years.

Addressing minister of information and culture, Alhaji Lai Mohammed who paid a working visit to the DPR headquarters, the director and chief executive officer of DPR, Sarki Auwalu assured that the flow of import would reverse when the new refineries come on stream in the next two years.

He said the feat would be achieved through the combined capacity of 375,000 barrels per day from 27 modular refineries, 650,000 barrels from the Dangote refinery and the 450,000 barrels from the government refineries.

Specifically, he said the Dangote integrated refinery and petrochemical project with 650,000 barrel per day, the biggest in Africa, Waltersmith refinery with 7,000 capacity per day, and others that were almost near completion would come on stream.

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Source: OrientEnergyReview

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