Modular refineries bleed over logistics, crude shortages - Businessday NG

By Oladehinde Oladipo

Modular refineries bleed over logistics, crude shortages - Businessday NG

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Nigeria's push for energy independence through domestic refining is faltering as modular refineries face crude supply bottlenecks, punitive logistics costs, and a lack of incentives that leave them struggling to survive. At the heart of the crisis lies a paradox. Nigeria, Africa's largest crude producer with an installed refining capacity of 1.1 million barrels per day, continues to export around 70 percent of its oil, while modular refineries - smaller and cost-effective plants designed to plug the supply gap - operate at less than 10 perce

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