Nigeria's Refining Revolution

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Nigeria's Refining Revolution

This paper provides a studious analysis of the current state of the refining sector and the refining revolution we predict will take place over the next 3-5 years.

It draws attention to the existing gaps in the supply of refined petroleum products
in Nigeria and the West African region and it highlights the sizeable potential for domestic refining of petroleum products.

Importantly, it identifies key drivers that will spur the growth of the refining sector in Nigeria. This paper also highlights refining asset economics and structural commercial considerations for investors and identifies the modular refinery, an off-the-shelf solution, as the cost effective supply option for investors especially when diesel is the lightest yield.