Amidst crude oil supply uncertainties, funding for 20 modular refineries in Nigeria faces jeopardy, impacting domestic refining capacity and economic prospects. International investors seek guarantees, while regulatory challenges hinder progress.
In Nigeria's energy sector, a critical impasse...
The federal government has licensed 10 more modular refineries, making it 32 so far licensed in order to expand nation's capacity.
As at end of first quarter of last year, 22 modular refineries had been licensed by the Department of Petroleum Resources (DPR) with daily refining capacity of...
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