The African Refiners and Distributors Association (ARDA) has said carbon mitigation strategies remain key for securing financing to execute long-term strategies that will boost refining, value-added petrochemicals, efficient storage and distribution and Liquefied Petroleum Gas for Clean Cooking strategies across Africa.
The African Refiners and Distributors Association (ARDA) and top international financial experts are considering options that will unlock sustainable funding
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Nigeria started the business of oil refining with a simple hydro-skimming plant of 38,000 barrels per day (bpd) refinery built by Shell-BP, at Eleme, near Port Harcourt, in Rivers State in 1965. The plant was then wholly owned and operated by Shell-BP.