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Clean Fuels: Nigeria, Others Require $15.7bn to Upgrade Existing Refineries, Says Refiners Association

Clean Fuels: Nigeria, Others Require $15.7bn to Upgrade Existing Refineries, Says Refiners Association
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Breaking News | Africa Needs $15.7bn To Upgrade Refineries ― ARDA

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By Obas Esiedesa, AbujaAfrican Refiners and Distributors Association, ARDA, has stated that for African countries to meet the planned Sulphur level in petroleum product content, about $15.7 billion would be needed to upgrade the existing 36 refineries on the continent.
Nigerian National Petroleum Corporation, NNPC, last signed a deal for complete overhaul of Nigeria’s largest refinery, Port Harcourt Refinery, for $1.5 billion. The rehabilitation is being financed by the African Development Bank.
The African Union and the African Refiners and Distributors Association (ARDA) had planned an initiative called AFRI-6, which aimed at reducing Sulphur content in fuels to 10 parts per million (ppm) in the coming years. ....

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African countries will require $16 billion for upgrade of 36 refineries

African countries will require $16 billion for upgrade of 36 refineries
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Breaking News | Nigeria, Others Need $15.7b To Upgrade Refineries

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