The Federal Government through the Nigeria Midstream and Downstream Petroleum Resources Authority (NMDPRA) has issued refining licenses to three companies to build new refineries in Abia, Delta, and Edo States.
According to an X post by the NMDPRA on its official page, the proposed refineries that have been issued licenses are a 100,000 bpd refining license to Eghudu Refinery Ltd in Edo state, MB Refinery and Petrochemicals Company Ltd license to establish a 30,000 bpd refinery in Delta State, and a 10,000 bpd refinery issued to HIS Refining and Petrochemical Company Ltd. in Abia.
Upon completion, the three proposed refineries will have a combined refining capacity of 140,000 barrels per day.
The statement read: “The Authority Chief Executive, Engr. Farouk Ahmed presented a License to construct a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo state, a License to establish a 30,000 bpd refinery to MB Refinery and Petrochemicals Company Ltd in Delta state, and a License to establish a 10,000 bpd refinery to HIS Refining and Petrochemical Company Ltd. in Abia state.
