WebApr 14, 2024 · The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has warned the Federal Government not to contemplate the removal of the subsidy on petrol without local refining capacity, in view of its socio-economic implications on businesses and Nigerians. According to the Union, members are not averse to the removal of subsidy on … WebFeb 2, 2024 · According to Solomon Associates, a renowned energy benchmarking organisation, a 2 per cent improvement in fuel and loss in 100,000 barrels of crude oil per stream day (BPSD) refinery is reported to save a refinery of over $20-30million a year. Our refineries were built using technologies that were available in the early seventies and …
Kyari says Local Refinery not Functional in Nigeria
WebChemical Engineer and MBA at Chevron (company) Author has 720 answers and 523.5K answer views 3 y. Refineries use a lot of energy, take up a lot of space, emit lots of … NNPC through its Pipelines and Products Marketing Company (PPMC) manages the facilities and infrastructure for the supply and distribution of crude oil and refined petroleum products (PMS/DPK/AGO). These consist of: 1. 5 … See more A careful review of the Oil Pipelines Act, Cap 338 of 1990 [11] (and the Oil Pipelines Regulations which are made pursuant to the Act) does not establish sanctions for the … See more The incessant attacks have greatly compromised the integrity of the crude and product pipelines because of the constant replacement and … See more NNPC in collaboration with relevant stakeholders organized a security workshop in October 2012 to discuss and proffer strategies for … See more pointbank business
Nation’s refineries suffer low capacity utilisation
WebFeb 23, 2024 · Port Harcourt — Poor policy making in the area of nonfunctional refineries and importation of refined petroleum products cost the country a whopping $13.13billion … WebJan 1, 2015 · Not all refineries are aimed at producing fuels. This chapter focuses on two significant types of non-energy facilities: (1) lube oil refineries and (2) petrochemical refineries. In the lube oil discussion, … Web15 hours ago · On the other hand, petroleum refineries and petrochemical plants (PRPPs) are considered under the O&G downstream operations and produce industrial wastes during the production process of fuel, petrochemicals, lubricants, and their intermediates (Jain et al., 2024).The content of Refinery wastes depends on the technology employed and the … pointbank89