Insight for Developments

Modular Refinery

Download Whitepaper : Key Development Considerations_ Modular Refinery Development

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Download Whitepaper : Key Development Considerations_ Modular Refinery Development B2MASTER 10:24 am

Modular Refinery is here to stay in Nigeria taking into account Nigeria’s large population and given the market potential of Nigeria, savvy investors will do well to in-vest in the local refining of hydrocarbon in Nigeria. While noting that investment opportunities in the Nigerian oil and gas industry can be stratified along three categories namely the upstream, midstream and downstream, this publication focuses on investment opportunities an aspect of downstream, to wit, refining of crude oil.

It is against the foregoing background that this publication makes a case for establishing modular refinery in Nigeria and what the key development considerations should be for investors considering to invest in this aspect of the petroleum industry in Nigeria.

Our publication comes at a time when Nigeria seeks to transit from being an import dependent country into a net exporter of refined petroleum products. Should the potentials investment in modular refineries be fully explored and well harnessed, there is great confidence that huge investment opportunities in this aspect of the petroleum industry will bring about growth in the nation’s GDP and increase creation of jobs

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