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With all their refined fuel imported from other countries, Nigeria’s three major refineries have been grounded to near-zero capacity utilization for decades. Data from the African Refiners & Distributors Association revealed that strong refinery performance in the neighboring Niger Republic meets local fuel demand and excess production is exported to Nigeria, Mali and Burkina Faso. according to Guardian.
As Nigeria is struggling to get its refineries to work and attract foreign investment to the oil industry’s downstream sector, Niger has built a single 20,000-barrel refinery per day with local market configuration. Currently, the facility is producing liquefied petroleum gas, 7%; gasoline, 32%; and diesel, 61%, to optimize the supply of stranded crude oil.
Niger built its refineries in less than three years, pushing utilisation from zero to about 90 per cent in 2019.
Source: The Guardian