Dangote refinery project 97% completed, says NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote Refinery project is now 97 percent completed. NMDPRA said this a in a tweet while receiving the company’s 2022/2023 work plan on Wednesday. The authority said the work plan showed that the project is in its advance stages. “Dangote Oil Refinery is a 650,000 barrels per day (BPD) integrated refinery project under construction in the Lekki Free Trade Zone, Lagos. It is expected to be Africa’s biggest oil refinery and the world’s biggest single-train facility.” Farouk Ahmed, chief executive officer, NMDPRA, while speaking at the event, reiterated the importance of the refinery to the country while assuring that the authority will give all necessary support to ensure timely completion and kickstart operations.

Ministry develops framework on oil, gas pipeline assets concession The Nigeria Ministry of Petroleum Resources says it has developed a framework for the concessioning of oil and gas pipeline assets. This was disclosed by the Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, at a workshop in Abuja. According to a statement by Mrs Enefaa Bob-Manuel, Director (Information) of the ministry, on Thursday, the Permanent Secretary was represented by the Director, Midstream, Ministry of Petroleum Resources, Mr Felix Okeke. Aduda said that the role of pipelines in fluid transport could not be overemphasised. He said that the desire of the government was to allow for private sector participation in the pipeline segment of the petroleum industry. He craved for a partnership to bridge the infrastructural gap in the segment, especially as the country has adopted gas as her transition fuel and its centrality as a source of energy. He said Nigeria had two crude delivery pipeline networks to the refineries which included; the Escravos-Warri-Kaduna Pipeline system and the Bonny-Port Harcourt pipeline system, all originating from crude export terminals. “The 5,120 Kilometers of Pipeline Network was also built for the distribution of petroleum products from the four refineries. “With a capacity of 445, 000 barrels of crude per day to storage depots across the country, and about 3, 000 kilometers of gas pipeline network,” he said. The permanent secretary said that over the years, ownership of pipeline assets in the Nigerian Oil and Gas industry had been the exclusive preserve of the government. This project, he noted, was conceived with the intention to bring private investors to operate pipeline assets as it was the desire of the ministry to develop a framework for easy and efficient concessioning of oil and gas pipelines. According to him, this will enable private companies to design, construct and operate pipeline infrastructure.