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Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources.
The DPR said on Monday that the number of valid refinery project licences stood at 23 as of March 2021, down from 44 in April 2018.
An analysis of the agency’s new list of valid refinery project licences and that of April 2018 showed that 32 licences had become invalid while 11 new licences were granted between May 2018 and March 2021.
As of April 2018, there were 38 proposed modular refineries with capacity ranging from 5,000 barrels per stream day to 30,000bpsd, and six conventional plants with a total capacity of 1.35 million bpsd.
Vanguard News
Lack of funds, feedstock, hinder construction of 32 refineries
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By Udeme Akpan, Energy Editor
AS Nigeria continues to record high level of expired refinery licences, experts, Tuesday, identified lack of funds and feedstock, as factors militating against the construction of new plants.
The experts, who expressed their positions in different interviews with Vanguard, said such investors have the right to reapply for the renewal of their licences.
Specifically, in an interview with Vanguard, Lead Promoter, EnergyHub Nigeria, Dr. Felix Amieyeofori, said: “The investors encounter many problems, including lack of funds and feedstock. But the good thing about it is that they have the right to reapply.”
DPR Debunks Revoking Licences of 32 Petrol Refineries thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
committee and the house sued president trump s first white house counsel don mcgahn to compel him to obey a subpoena, to compel him to show up to testify before congress. don mcgahn of course is the key witness in the volume of the mueller report that s about the president potentially committing criminal obstruction of just. so congress is going to get to the bottle of the allegations in the mueller report. obviously they re going to want to hear from the key witness in the mueller report which is don mcgahn. the white house not surprisingly has told mcgahn he can t testify, he shouldn t testify. the president beyond that has called mcgahn all sorts of names and said he s a liar and threatened him and threatened his law firm and incidentally that may itself be witness tampering to keep don mcgahn from talking in a federal ongoing investigation. but for his own part don mac began is trying to get out of testifying as well.
so congress is going to get to the bottle of the allegations in the mueller report. obviously they re going to want to hear from the key witness in the mueller report which is don mcgahn. the white house not surprisingly has told mcgahn he can t testify, he shouldn t testify. the president beyond that has called mcgahn all sorts of names and said he s a liar and threatened him and threatened his law firm and incidentally that may itself be witness tampering to keep don mcgahn from talking in a federal ongoing investigation. but for his own part don mac began is trying to get out of testifying as well. by saying if you think about it he really wasn t really white house counsel at all. don mcgahn put out a statement today in response to this lawsuit filed to get him to testify, claiming that he was just a lawyer with a client and that client happened to be the president. and since the president doesn t