Tag: Modular refiners

Oil and Gas

FG unveil Nigeria’s first modular LPG plant, 20MW gas project

The Federal Government has inaugurated Nigeria’s first modular Liquefied Petroleum Gas extraction plant and a 20-megawatt gas-to-power project in Rivers State, marking a significant milestone in the country’s gas sector. The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, commissioned the projects at the Otakikpo field, describing them as a transformative step […]

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Modular refiners, Afreximbank in discussion over $18bn loan

Investors in modular refineries have begun discussions with the African Export-Import Bank to gain access to a portion of the bank’s $18 billion fund for refinery expansion in Nigeria and other African countries, according to reports on Tuesday. Operators in the modular refining industry revealed that this came after the bank successfully provided financial help […]