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Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries - Politics - Nairaland

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FG To Give Up Majority Stakes In Its 4 Refineries, To Be Privately Managed / Dr. Maduka Distributes Free Fuel To Keke Operators In Awka / Nnpc’s Kyari Says Fossil Fuel To Remain Relevant Decades To Come (2) (3) (4)

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Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Islie: 6:55am On Sep 09
• ‘Retool Port Harcourt refinery, stop petrol imports now’

• Dirty fuel may frustrate SDGs in Africa, ARA warns

Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to Nigeria, as Egypt and Algeria lead African operations with 13 refineries. Both countries (Egypt and Algeria) have combined capacity of 1.4 million barrels per day.

For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries. Data exclusively obtained from the African Refiners & Distributors Association (ARA) revealed that strong refinery performance in Niger meets local fuel demand, and excess production exported to Nigeria, Mali and Burkina Faso.

The continental body also raised concern over importation of dirty fuel into Africa and predicted health and environmental challenges, unless refineries upgrade to meet Sustainable Development Goals (SDGs) and enable export of ‘white’ products.

While the total budgeted oil revenue for 2019 was N3.73tn, statistics from the Petroleum Products Pricing Regulatory Agency (PPPRA) showed that Nigeria spent N3trillion on 18 billion-litre imports of Premium Motor Spirit (PMS). Government was said to have paid as much as N1 trillion every year to subsidise consumption, a serious foreign exchange challenge to the country.

AS the country struggles to get its refineries working and to attract foreign investment to the downstream sector of the oil industry, Niger has built a single 20,000-barrel per day refinery with configuration for local market. The facility is currently turning out liquefied petroleum gas, 7 per cent; gasoline, 32 per cent; and diesel, 61 per cent, to enable it optimise stranded crude supply.

At a time politics has continued to becloud Nigeria’s turnaround maintenance in refineries, with billions of dollars going down the drain, Niger built its refineries in less than three years, pushing utilisation from zero to about 90 per cent in 2019.

The Nigerian National Petroleum Corporation (NNPC) had boasted that Nigeria’s four refineries had combined capacity of 445,000 barrels per day (bpd) and had gulped more than N148 billion in the last 13 months processing less than 40,000 metric tons of crude oil. As of 2013, Nigeria’s refineries were producing 113,524 tonnes of gasoline, 217,222 tonnes of diesel and more than 20,000 tonnes of bottled liquified natural gas for domestic use per year, a report quoted by Wikipedia noted. But the refineries, in 2018 alone, made a total loss of N132.5 billion, a 39 per cent increase from the N95.09b loss incurred in 2017.

But for Algeria, which comes third in terms of crude oil production in Africa after Nigeria and Angola with output of about 1.1 million daily production, ARA, in a document presented by its Executive Secretary, Anibor Kragha, showed that five refineries had remained operational with combined capacity of 623,000 bpd and a condensate splitter of 107,000 bpd.

AGAINST the argument that government is a poor manager of business, the refineries in Algeria are fully owned and operated by the national state-owned oil company of Algeria, Sonatrach.

Already, the country is currently planning to expand cracking and reforming capacity to produce higher value fuels as it optimises local crude supply with plans to expand Hassi Messaoud refinery from 26,413 bpd to 110,000 bpd by 2024 and construction of diesel desulphurisation units for all refineries to commence planned AFRI clean fuel specifications.

While Sonatrach owns more than 75 per cent of total hydrocarbon production in Algeria, and International Oil Companies (IOCs) account for the remaining 25 per cent, utilisation of the refineries (Algiers, Arzew, Has Messaoud and Skikda) stand at 90 per cent at over 600, 000 barrel daily.

AT a time Nigerians are facing impact of government’s deregulation policy with continual increase in pump prices, Kragha revealed that eight refineries (with combined capacity of 782,000 bpd) and five processing plants had placed Egypt as Africa’s largest refining hub. Against the poor management of Nigerian own refineries, the refineries in Egypt are state oil as total national capacity utilisation stood at around 71 per cent in 2019.

While Africa’s SDGs encompass transitioning to cleaner fuels by upgrading refineries and infrastructure and driving industrialisation and innovation, Kragha stated that goals would remain elusive unless the continent maximised high-value products that address local and export markets.

African Union had made move to adopt AFRI Clean Fuels Roadmap being championed by ARA to harmonise cleaner fuel specifications thereby reducing sulphur in fuels from about 150 ppm to 10 ppm by 2030.

WHILE the Nigeria Natural Resource Charter (NNRC), in its Benchmark Exercise Report (BER), revealed that Nigeria had made N83 trillion from oil and gas in the last 37 years, over N10.7 trillion was spent on petrol subsidy between 2006 and 2019.

Decrying continuous dependency on importation amid dismal performance of refineries, industry players have insisted that Nigeria had no alternative than to rehabilitate its refineries.
They backed the move for the NNPC to revive the Port Harcourt Refinery, stating that it was the only solution, especially as its assets could become scraps should other private refineries come on board.

Former management staff at the NNPC, Diran Fawibe, noted the burden of subsidy and importation of fuels despite Nigeria’s leading position in crude oil production as shameful.

According to him, rehabilitating the refineries remained in the best interest of Nigeria, adding that the assets could be as good as scrap if other private come begin operation.

The mineral/energy resource economist and former president of the Nigerian Association for Energy Economists (NAEE), Wunmi Iledare, said the country had necessary human financial resources to make the oil sector work instead of depending on other countries.

“There is no alternative in my opinion to rehabilitation,” he said, stating, “Nigeria has what it takes to turn the sector around.”
According to him, there was need to use capable hands in running the refineries.

Iledare added that, while the refineries remained NNPC assets, what the Corporation does with them must be an apolitical board decision.

He also stressed the need to overhaul the assets in a cost-effective manner before the refineries become “nothing but a scrap.”

“I bet that, if Dangote Refinery becomes operational before the revamp, those four refineries might become nothing more than the Nigeria Airways’ assets of old. God forbid and that is why NNPC is scrambling to do what needs to be done,” Iledare stated.

A former Director-General, West African Institute for Financial and Economic Management (WAIFEM), and professor of Economics and Public Policy, University of Uyo, Akpan Ekpo, had also told The Guardian that the nation’s refineries must be commercialised, stressing that the poor performance of the assets was a national disgrace, and setback to Nigeria’s development.

According to him, the Buhari administration must call for a deep discussion to ensure immediate blockage of all leakages coming from the facilities.

“So much money has gone into the refineries, and this has been a long-standing problem. The entire oil sector has to be revamped.

The losses are real. So, we should commercialise all the refineries, as we cannot continue this way,” Ekpo said.

Chief Executive Officer, Mudiame International Limited, and Mudiame Welding Institute Limited, Sunny Eromosele, also argued that leaving the assets in private hands remained a viable solution for the refineries.

Eromosele, who noted that the lingering challenge was surmountable, added that keeping the assets in government’s care would limit the need to diversify the economy from oil. He alleged that NNPC’s perpetual interest in the refineries was an indication that the Corporation was using them to divert public funds into private pockets.

“We need to privatise the refineries. Those refineries are only a way of funneling money into private pockets. We need to channel the money into economic diversification,” he said.

GUARDIAN

1 Share

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by columbuspoll88: 6:57am On Sep 09
Niger republic?? shocked

70 Likes 5 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by helinues: 6:58am On Sep 09
Ant of Africa..

Una see una life outside?

187 Likes 10 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by EmptyGarden(m): 6:58am On Sep 09
Behold the Dwarfed Giant.

77 Likes 5 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Amotolongbo(f): 6:59am On Sep 09
It won’t be surprising if told Nigerians own some/many of the refineries in Egypt, Algeria and Niger .

The excuse now is waiting for the Dangote Refinery to commence operations, though it may likely solve the problem of importing the refined fuel, I don’t see it lowering the cost of buying these products cos of the monopoly involved.
To solve the problem, Dangote oil monopolizing the oil market, our 4 refineries must be privatized to viable individuals or corporates who are capable, not like the PHCN privatization.

It is so evident that we are not mentally and morally capable to as a nation run and maintain the operation of our refineries. We invest an elephant-size resources into our refineries, but they churn out sheep-size products. What sense is in that?

Now that the subsidy has been removed from the fuel being imported, let us see what they are going to invest it on

157 Likes 8 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by thesicilian: 7:02am On Sep 09
With the current crop of leaders we have in this country, the best plan would be to completely privatize almost every section of the economy

27 Likes 3 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by MajesticKris: 7:03am On Sep 09
What else is left of our dear country when ordinary Niger is giving us/we Nigerians fuel...

Imagine the rubbish....

17 Likes 1 Share

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Nbotee(m): 7:03am On Sep 09
Lolzzzz.... Welcom to the new reality... Where are those zonb ediots who have been bragging about how Baba's body odour have rejuvenated our refineries? We now import from even Niger lol

51 Likes 5 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Racoon(m): 7:04am On Sep 09
What do we expect when the leadership of our nation is even borrowing grains from ECOWAS food bank whose previous court pronouncements they said is not binding on it.This is what happens when your have a band of incompetent buck passing people administering the affair of a complex nation like ours on lies & false promises.

Buhari was NNPC first pioneer chair hence should be able know better how this critical petroleum sector works
Having promised but failed as usual to provided the new refineries yearly within his first tenure.

Today, NNPC is a cesspool of unending wastage and corruption.Subsidy is no more fraud to him.The only 3 old refineries are not functioning @ optimal capacity while Algeria have 13 new ones.Now Niger our younger neighbour have further pushed us down as the into the league of fourth world nations.Sleeping ant of African.Tueh!

26 Likes 2 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Okoroawusa: 7:19am On Sep 09
This thread is strictly for wailers.
To the others read before you comment
Niger KO, Nigger ni

3 Likes 2 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Madmohamed419: 7:23am On Sep 09
helinues:
Ant of Africa..

Una see una life outside?
two years is too small but in buhari government is like twenty years.Ant of Africa indeed. Can't wait for two years to pass

3 Likes 2 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Racoon(m): 7:27am On Sep 09
For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries.
Data exclusively obtained from the African Refiners & Distributors Association (ARA) revealed that strong refinery performance in Niger meets local fuel demand, and excess production exported to Nigeria, Mali and Burkina Faso.

But for Algeria, which comes third in terms of crude oil production in Africa after Nigeria and Angola with output of about 1.1 million daily production...

AGAINST the argument that government is a poor manager of business, the refineries in Algeria are fully owned and operated by the national state-owned oil company of Algeria, Sonatrach.


Already, the country is currently planning to expand cracking and reforming capacity to produce higher value fuels as it optimises local crude supply with plans to expand Hassi Messaoud refinery.......
This is what happens when your nation is fortunate to have proactive, visionary, responsible and accountable leadership.

5 Likes

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by princemillla(m): 7:32am On Sep 09
This is a huge slap!!!

5 Likes

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by thoollz: 7:39am On Sep 09
Lol

This country is a joke. Niger exporting fuel to us? They built their refineries within 3 years and we've been building ours for several decades. Chad president led his troops to fight boko haram ó. Small countries doing what the supposed 'GIANT OF AFRICA' should be doing...and people think there's still hope for this auto-pilot driven country? Okay now.

5 Likes 1 Share

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Sacchi1162(m): 7:40am On Sep 09
I wonder how bad it will get before it gets better...

2 Likes 1 Share

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Compliant(m): 7:40am On Sep 09
A COUNTRY NOT EVEN BIGGER THAN LAGOS( ECONOMY & POPULATION), A COUNTRY THAT STARTED COMMERCIAL OIL SERVICE IN 2011

FIRST IT WAS NIGERIA BORROWING GRAIN O, NOW IT IS IMPORTING FUEL


BUHARI WAKE UP PLEASE

APC WAKE UP PLEASE

WE ARE REALLY ON AUTO PILOT

2 Likes

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by NextGovernor(m): 7:40am On Sep 09
When I say Nigeria is finish. Some people will say I shouldn't be saying ill words about my country

6 Likes

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Sunnycliff(m): 7:41am On Sep 09
APC killed Nigeria finally. As long as crude keeps rising in international markets we will keep buying at a higher price. Any day, oil gets to 80$, we will be buying fuel at #350/l.

We are simply worse off, since the refinery have been a bottomless sinking fund hole since 2015

2 Likes

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by aikyg(m): 7:41am On Sep 09
Okay!
Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by nairaman66(m): 7:41am On Sep 09
I knew it! If we can borrow grain of rice to plant, I can tell you that this country has reached rock bottom with this devil’s party APC!

Watch more revelations unravel!

3 Likes 1 Share

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Nikeruka(m): 7:41am On Sep 09
Nkan be
Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Cti28(m): 7:41am On Sep 09
Even Niger?? Local man is shocked.
I don't think this nation will ever get it right

2 Likes

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by MANNABBQGRILLS: 7:42am On Sep 09
Neighbouring Niger Republic, which started commercial oil production in 2011, now exports petroleum products to Nigeria, as Egypt and Algeria lead African operations with 13 refineries. Both countries (Egypt and Algeria) have combined capacity of 1.4 million barrels per day.

For decades, Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries


Racoon:

Buhari was NNPC first pioneer chair hence should be able know better

The only 3 old refineries are not functioning @ optimal capacity while Algeria have 13 new ones.
Now Niger our younger neighbour have further pushed us down as the into the league of fourth world nations.S.Tueh!
@the bolded, you are not even ashamed of typing this, after your gods you wanted back in power ruled this same nation for 16 wasted years without building just one refinery, but they all came to loot blindly.
Not even one Refinery, Even when we made the highest revenue from oil exportation in the history of our nation.
You can still come out to type all these trash?
Some people no just get shame for body sha.
Shaking our heads!


Racoon:

Guess you you also include the putrifying corruption that is oozing out under Bubu today in the NNPC as minister of petroleum?
After reading our post over and over for 45 mins,
And this is his reply to the prayer!
Number one Characteristic of a wailer : HYPOCRISY!
We will keep hitting y'all with the truth

5 Likes 4 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Finnese001: 7:42am On Sep 09
grin
Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by MANNABBQGRILLS: 7:42am On Sep 09
Racoon:

This is what happens when your nation is fortunate to have proactive, visionary, responsible and accountable leadership.
Just like those you have in power for 16 years.
The ones you worship and sing to high heavens when they looted the future of this nation to the ground.
Colossal Shame on all supporters of criminals, looters and thieves.

Say Amen to this prayer NOW!
May it never be well with any politician that turned stole from our national treasury and took our country backwards, no matter the party they are, along with their supporters.

Hypocrites will always find it difficult to say AMEN to this prayer.
Shame!
Racoon, the earlier you stop this your daily childish politics of bitterness and hatred, the better for you.

Here is a post from a reasonable and sensible youth like you.

Amotolongbo:
It won’t be surprising if told Nigerians owns some/many of the refineries in Egypt, Algeria and Niger .

The excuse now is waiting for the Dangote Refinery to commence operations, though it may likely solve the problem of importing the refined fuel, I don’t see it lowering the cost of buying these products cos of the monopoly involved.
To solve the problem, Dangote oil monopolizing the oil market, our 4 refineries must be privatized to viable individuals or corporates who are capable, not like the PHCN privatization.

It is so evident that we are not mentally and morally capable to as a nation run and maintain the operation of our refineries. We invest an elephant-size resources into our refineries, but they churn out sheep-size products. What sense is in that?

Now that the subsidy has been removed from the fuel being imported, let us see what they are going to invest it on

Racoon,
Grow up.
Even your 2 gods that lost the election have moved on with their lives, don't wail everyday for 8 years.
The more you keep mentioning just one man's name and leave out all your principals that ran down our nation,
The more sane members will keep hitting you with the hard truth.

Ladycewhy:
if we dig deep ,you won't be far from the truth.
You are right,
He has said nothing but the truth here.
We are 99.9999% sure that those refineries are owned by some Nigerians!
There was a nation! cry cry

ifexfree24:
The truth is, most of the refineries in Egypt, Namibia, Algeria and even Niger are owned by Nigerian corrupt politicians. I wouldn't want to say that the greatest punishment we've faced as a nation is bad leadership. may God help us
You just buttered the point the gentleman and lady made above.
Nigeria has the potentials to be great,
All we need is a plan and a commited leader.
We weep for the future of our nation.

Racoon:

Guess you you also include the putrifying corruption that is oozing out under Bubu today in the NNPC as minister of petroleum?
After reading our post over and over for 45 mins,
And this is his reply to the prayer!
Number one Characteristic of a wailer : HYPOCRISY!

4 Likes 4 Shares

Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Pymetrics: 7:42am On Sep 09
God no go shame us grin
Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by NaijaOlosho(f): 7:42am On Sep 09
grin
Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Finnese001: 7:42am On Sep 09
MANNABBQGRILLS:
Reading....

I'm also reading with you cheesy
Re: Niger Exports Fuel To Nigeria As Egypt, Algeria Build 13 Refineries by Franchise21(m): 7:43am On Sep 09
Hmm

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