₦airaland Forum

There are 2 refineries in nigeria. Dangote refinary and others.

Why is fuel still costly

Alusiizizi:
Refining PMS is a somewhat more complex and hence more expensive process not because it takes more energy(in fact it takes less energy to boil off PMS from crude) but because of market requirements. It's not enough to just boil out the PMS but one has to worry about octane ratings, sulphur content as well as a sundry list of other concerns. To cut the long story short, it doesn't make any economical sense for these refineries to be producing PMS. Any PMS that they produce would be more profitable if they cracked it to more volatile product like natural gas or naphta.

Thanks.

But, we import PMS.

Does it mean those people we import from aren't making any profit?

Whatever rules are they applying that we find impossible to apply?

Don't you think that if we take the pains to develop and optimise our domestic PMS refining process and sell it with overheads to cover the fractionation and cracking costs, the end product wouldn't be as exorbitant as the imported product?

Good news. We hope at least 90% of these Refineries begin operation by 4th quarter

Despite all this refinery,we are still buying fuel at the rate of N680 per liter

bejick:
30k at work. For how long will you continue collecting that amount while Seun is Junketing around the globe in the new PJ his father acquired. Children of the poor always been use as slaves while their pay master children enjoy abroad.

.
Na una way
For your information. Am in Nigeria and God is blessing me steadily. Ur 30k is not up to what I spend fuelling my calls weekly not to talk of feeding
So Mr man. Shut up ur dirty mouth
That u can quote me doesn't mean we are equal
Get that into ur thick skull
Nigeria will be great again weather u like it or not

okeke6969:
Do you live, eat and drink politics all the time?
Aside poltiical OMO ITA, I don't think you have any other means of livelihood.

Am a surveyor by profession
I also do import and export
So who are u

Blazetrailer:
This must be a Bot.
Otherwise, a human being, no matter how dense he or she is, wouldn't even think this talk more of posting it online.

With all these refineries Nigeria is still importing petroleum products in huge numbers and borrowing to pay subsidy by Tinubu. So how exactly is Nigeria being great?

I knw u don't even want to hear that the country will be great. People like u put us in this condition
Our problem is sabotage and its caused by us. Politicians are our people, we have them as family and friends

I can never believe anything about this country laye laye

Great100000:
https://nairametrics.com/2024/06/20/ten-completed-refineries-in-nigeria-and-their-production-capacity/#google_vignette

and yet PMS is Still high and sometimes scarce

Response from you confirms yo are truly what i thought you were. No further point to be made.

Over and out.

femtex007:
I knw u don't even want to hear that the country will be great. People like u put us in this condition
Our problem is sabotage and its caused by us. Politicians are our people, we have them as family and friends

Didn’t even know those smaller ones existed.
So why aren’t they in production ?

wildernessVoice:
I read but couldn't comprehend because prices of petroleum products keep rising daily above the reach of the Common Man.

The prices of crude is fixed internationally, for any country to pay less, their country needs to subsidise the rate. Crude is sold per barrel, and it has a cost, cost of refining, marketing, logistics etc increases the end product value......to sell cheaper, the country's government has to subsidies it.
Qatar is a country of 2.5 million people only, less than 2 LGA in Lagos (Surulere and Ikeja)... but Qatar sells it's refined product for 2.1 Qatari riyal (that's 852.6, QAR to naira is 406). For an average sedan, you will need 500QAR monthly for Transportaion to and from work, that's over 200k naira.

dominique:
We have all these yet fuel is still being imported?

some of these small refineries don’t produce pms, like the one in edo state was designed specially for diesel, also we consume too much because we fuel both our cars and generators, unlike some other countries that fuel only their cars, hence these refineries are not enough given their capacity, only Warri, kaduna, ph and dangote have reasonable capacity there, tho I heard bus is building a 300 000 bpd capacity in Akwa ibom

mu2sa2:
If these smaller refineries exist, where are they getting crude oil? Even dangote refinery is unable to source crude oil locally and is importing from USA.

Are you comparing demand of 5,000 barrels to demand of 650,000 barrels?

femtex007:
.
Na una way
For your information. Am in Nigeria and God is blessing me steadily. Ur 30k is not up to what I spend fuelling my calls weekly not to talk of feeding
So Mr man. Shut up ur dirty mouth
That u can quote me doesn't mean we are equal
Get that into ur thick skull
Nigeria will be great again weather u like it or not

Keep deceiving yourself. You can lie to others but lying to yourself is on another level. Those when get level will not have time to be defending rubbish na only 30K gang dey behave the way you do. You still dey see money to sub data abi na people WIFI you dey use, don't worry very soon you wont be able to sub again make I see how you will come online come talk rubbish.

okeke6969:
Do you live, eat and drink politics all the time?
Aside poltiical OMO ITA, I don't think you have any other means of livelihood.

The Mu.gu @ femtex007 is one of the 30k gang so what do you expect him to do. He have no other life expect praising the Thieves that are sharing our common wealth.

Indifferent12:
some of these small refineries don’t produce pms, like the one in edo state was designed specially for diesel, also we consume too much because we fuel both our cars and generators, unlike some other countries that fuel only their cars, hence these refineries are not enough given their capacity, only Warri, kaduna, ph and dangote have reasonable capacity there, tho I heard bus is building a 300 000 bpd capacity in Akwa ibom

Non of this big Refinery is working not the PH, Warri or Kaduna even the Dangote is not working at full capacity yet. I was part of the team that was doing PH refinery turn around omo when I see the way the whole activities is going I told myself that Nigeria is not yet ready for Refining. If they want those Refinery to function they better sell them off. Nigeria government better hands off patapata all major businesses, the worst set of people in Nigeria after Politician, Police, Nepa are Nigerian Civil Servants very LACKADAISICAL attitude.

bejick:
The Mu.gu @ femtex007 is one of the 30k gang so what do you expect him to do. He have no other life expect praising the Thieves that are sharing our common wealth.

Don't mind him. A supporter of thief is an accomplice.

bejick:
Keep deceiving yourself. You can lie to others but lying to yourself is on another level. Those when get level will not have time to be defending rubbish na only 30K gang dey behave the way you do. You still dey see money to sub data abi na people WIFI you dey use, don't worry very soon you wont be able to sub again make I see how you will come online come talk rubbish.

Am not an hungry man like you
Don't just try to wait cos u will wait in vain. Use ur time to hustle what u wil be eating zombie

okeke6969:
Don't mind him. A supporter of thief is an accomplice.

And who told u am supporting a thief??
Madman

femtex007:
Am not an hungry man like you
Don't just try to wait cos u will wait in vain. Use ur time to hustle what u wil be eating zombie

30k meaning 1k/ day for you and you 3 wives and many pickpocket children littered the street. I pity you. Your Mu.murity need to be studied in Universities.

femtex007:
And who told u am supporting a thief??
Madman

Sorry bros, I think I misquoted you. I'm not referring to you. You are a nice person for sure.
Na dat @femtex I'm referring to. No vex.

Ojuntana:
Mischievous Op

Completed but not working


Be calming down
It took ordinary seaport commissioned by Tinubu 20+ years and it is still not fully completed.

Common rail track took them 20 years to build. And it's not even completed.

A state with the IGR of 20 African countries

bejick:
30k meaning 1k/ day for you and you 3 wives and many pickpocket children littered the street. I pity you. Your Mu.murity need to be studied in Universities.

Mumu ipob idiots
Confused sets of people

Which of the refinery produces this fuel that finishes before you start your car?

DIVINEEVIDENCE:
Thanks.

But, we import PMS.

Does it mean those people we import from aren't making any profit?

Whatever rules are they applying that we find impossible to apply?

Don't you think that if we take the pains to develop and optimise our domestic PMS refining process and sell it with overheads to cover the fractionation and cracking costs, the end product wouldn't be as exorbitant as the imported product?

Well, we're saying the same thing though. Develop, innovate so on and so forth. The sort of rhetoric that politicians like to pay lip service to but never do anything whatsoever toward actualization. I'll have you know one other thing, illegal refineries are littered all over Nigeria, especially the SS/SE regions. Nothing stops the Government from developing/regulating these so-called illegal refineries but instead they are actively prosecuted. This would suggest that some sort of mafia in authority have the oil industry in iron grip.

Niger Delta Petroleum Refinery (Aradel)– The initial 1,000 bbls/day AGO topping plant was commissioned in 2010. Currently, the 3-train, 11,000 bbls/day modular refinery produces Automotive Gas Oil, Dual Purpose Kerosene, Marine Diesel Oil, High-Pour Fuel Oil, and Naphtha.

Did you notice that this refinery does not produce PMS, despite the fact that petrol is the largest consumed refined oil?

It is because the price is subsidized. Even Dangote is dragging his feet regarding its production.

femtex007:
Mumu ipob idiots
Confused sets of people

Anybody making sense is Ipob is there anything else you know, same reason you guys deprived clean looking Yoruba people from voting because of fear of Igbos. Una do still do una own people because in you guys mind all Yoruba person suppose dirty.

bejick:
Anybody making sense is Ipob is there anything else you know, same reason you guys deprived clean looking Yoruba people from voting because of fear of Igbos. Una do still do una own people because in you guys mind all Yoruba person suppose dirty.

Mumu which sense una de make? Abi una de deceive una selves. Sebi na nnamdi kanu get sense dey destroy his own home abi na una packaged presidential candidate who took advice from a mad man

femtex007:
Mumu which sense una de make? Abi una de deceive una selves. Sebi na nnamdi kanu get sense dey destroy his own home abi na una packaged presidential candidate who took advice from a mad man

Such a Jobless and hungry baby boy, I know na guff you dey smoke.

bejick:
Such a Jobless and hungry baby boy, I know na guff you dey smoke.

Hahahahahahahahaha. Truth is bitter