OPAC Refineries Received an award of Participation at NOGOF
OPAC Refineries proudly received an Award of Participation at the Nigerian Oil and Gas Opportunity Fair (NOGOF), which took place in Yenagua, Bayelsa State, in July 2023. The award was presented by the esteemed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMD), Engr. Simbi Wabote. This recognition is a testament to OPAC […]
Support for modular refineries will give Nigerians cheaper fuel – CORAN
Momoh Oyarekhua, the Chairman of the Crude Oil Refineries Association of Nigeria (CORAN), has emphasized that supporting modular refineries will provide Nigerians with access to more affordable fuel. He made this statement during an interview on Arise Television on Friday, July 14. Oyarekhua pointed out that government backing for modular refineries would effectively eliminate various […]
Insufficiency in the supply of crude oil presents a pressing concern that directly threatens the operations of modular refineries – Momoh Oyarekhua
A notion shared by industry experts is that it is not economically viable to operate modular refineries in the country… Mr. Momoh Oyarekhua made the observation during an exclusive interview on Channels TV Business Morning show on Monday where he shed light on issues bordering on the removal of fuel subsidy and how Nigeria can […]
Nigeria’s modular refiners seen to gather steam post COVID-19
Nigeria faces an imminent recession thanks to the impact of crashing oil prices and the Coronavirus pandemic but modular refining presents early opportunities for Africa’s most populous nation to restart the engine of its ailing economy. The modular refinery, unlike the conventional, is not very complicated. It produces two or three products, and a bottom […]
Modular Refinery: FG Commends Pace Of Work At OPAC Refinery
The federal government has expressed its commitment to improving domestic refining capacity stating it will continue to support indigenous operators on efforts to establish third party financed Modular refineries. This was disclosed by a team from the office of the Vice President and the Federal Ministry of Petroleum Resources led by Engr. Rabiu Suleiman, senior […]
FG Team Visits OPAC Refinery Site
A team from the office of the Vice President and the Federal Ministry of Petroleum Resources led by Engr. Rabiu Suleiman, Senior Technical Adviser to the Minister of State for Petroleum Resources on Refineries and Downstream Infrastructure, visited the OPAC Refinery site at Umuseti, Kwale, Delta State on April 24, 2018. The Director, Press and […]
OPAC Refinery to Start Operation in Third Quarter
A modular refinery, currently under construction in Kwale, Delta State, is expected to come on stream in the third quarter of this year. The refinery, which is being promoted by Pillar Oil Limited, Omsa Limited and Astek Limited, will process 7,000 barrels per stream day of crude oil when completed, according to a statement by […]
Opac modular refinery to commence by September
Opac refinery, which is currently being constructed in Delta State Kwale, is expected to commence operations latest September. Opac is one of the two modular refineries the government hopes to commission on or before the third quarter of 2018. The Department of Petroleum Resources (DPR) projects that upon completion, the facility will be able to […]
