Niger Delta Exploration and Production plc, an indigenous oil company and marginal field operator, says its upgraded 11,000 barrels per day capacity modular refinery will go into full production in July this year with Jet A fuel as one the additions to its production.
If the plan carries through, it will come as great relief to airlines operating in the country, which currently spend 40 percent of their revenue on aviation fuel. Nigeria will also be able to conserve a huge portion of the foreign exchange currently spent in the importation of aviation fuel into the country. Nigeria consumes over 400 million litres of aviation fuel yearly and in 2016 was the second-largest importer of aviation fuel in the world, according to Layi Fatona, managing director, Niger Delta Exploration and Production plc.
Fatona, who disclosed this at the monthly technical meeting of the Nigeria Association of Petroleum Explorationists (NAPE) in Lagos, did not disclose the exact volume of Jet A fuel that would be produced from his company’s refinery. He, however, said a significant volume of the product would be produced to help the Nigeria aviation industry and the country to earn some foreign exchange.
The Niger Delta Exploration and Production modular refinery located in Ogbele, Rivers State, was initially structured to refine 1,000 barrels per day of Automotive Gas Oil (AGO) or diesel. But having done that for some time, its promoters decided to scale up its production capacity to 11,000 barrels to accommodate more production lines for other products.
The company said it is expanding its investment in the midstream of the oil and gas sector by increasing its refining capacity from initial 1,000 barrels per day of diesel production to 11,000 per day capacity for the production of several other petroleum products. Aside from Jet A fuel, Niger Delta Exploration and Production said it would also produce other petroleum products, such as marine diesel, High Pour Fuel Oil (HPFO), Naphta, which will eventually become petrol and Liquefied Petroleum Gas (LPG).
Source: Business Day