Azikel Petroleum To Begin Operation Of Nigerian Refinery In 2018

Azikel Petroleum To Begin Operation Of Nigerian Refinery In 2018

Dec 8, 2016
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Nigeria-based Azikel Petroleum Ltd., a subsidiary company of the Azikel Group, recently signed a contract with Houston-based Ventech Engineering LLC for the construction of a 12,000 barrel-per-day (bbl/d) hydroskimming modular refinery—dubbed the “Azikel Refinery”—situated adjacent the Gbarain-Ubi gas gathering facility in Obunagha-Gbarain, Bayelsa State, Nigeria.

The refinery, which is expected to commence operations in 2018, will produce high-quality variants of LPG, gasoline, kero-jet, diesel and heavy fuel oil.

Azikel Petroleum is one of 22 companies granted refining licenses by President Muhammadu Buhari Administration in 2015, with the goal of adding value to Nigerian crude oil, improving self-sufficiency in refined products and creating employment in Nigeria.

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