REVEALED: Neighbouring Country, Niger Now Exports Fuel to Nigeria

Date: 09-09-2020 1:57 pm (3 years ago) | Author: kacy lee
- at 9-09-2020 01:57 PM (3 years ago)
(f)

Niger Republic, a country that started commercial oil production in 2011, now exports petroleum products to Nigeria.
 
For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries. 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.
 
As Nigeria struggles to get its refineries working and to attract foreign investment to the downstream sector of the oil industry, Niger has built a single 20,000-barrel per day refinery with configuration for local market. The facility 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.

Posted: at 9-09-2020 01:57 PM (3 years ago) | Addicted Hero
- SweetDaddy1 at 9-09-2020 07:56 PM (3 years ago)
(m)
The refinery is owned by Nigerians who looted our oil industry money.
Posted: at 9-09-2020 07:56 PM (3 years ago) | Gistmaniac
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- Henrybobo at 9-09-2020 08:11 PM (3 years ago)
(m)
Shameless country
Posted: at 9-09-2020 08:11 PM (3 years ago) | Gistmaniac
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- Baye77 at 10-09-2020 05:20 AM (3 years ago)
(m)
....you shouldn't forget, it was reported that the PDP administration under the Obasanjo regime spent 16billion US dollars on power...the power we cannot see...now APC are doing their own...Nigerians voted these people in...Nigerians are the problem of Nigeria.
Posted: at 10-09-2020 05:20 AM (3 years ago) | Hero
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- Ijaya18 at 10-09-2020 06:27 AM (3 years ago)
Online (m)
This serious and big shame to Nigeria government. By the time Dangote completed his own refinery, that will be another problem. I see no reason why the FG fail to repair the three refineries.
Posted: at 10-09-2020 06:27 AM (3 years ago) | Upcoming
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