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Nigeria’s Kaduna Refinery to Re-open in 2024

OIL PRODUCTS

Nigeria is planning to reopen its Kaduna refinery in Q4 2024, after being shut since 2018, according to Reuters citing a junior petroleum minister.

  • Nigeria’s ambition is to initially produce 60k b/d from the 110k b/d capacity refinery.
  • Nigeria is suffering from a lack of refining capacity, forcing it reliant on imports of refined produces.
  • Nigeria is also looking to upgrade its Port Harcourt and Warri Refineries. Nigeria’s three state-owned refineries have a combined capacity of 445k b/d.
  • Elsewhere in Nigeria’s refining sector, several small-scale refinery expansions were announced Oct. 25 at the OTL conference in Lagos, according to ArgusMedia, as Nigeria looks to expand its shortage in refining capacity.
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