South Sudan Seeks Investors for New Oil Refinery
South Sudan’s national oil company Nilepet is calling on investors to secure funding for the construction of an oil refinery in the country’s Block 5A.
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South Sudan’s national oil company Nilepet is calling on investors to secure funding for the construction of an oil refinery in the country’s Block 5A.
The Alumina refinery, set to be built by Alteo, has been deemed a “project of national interest” by Transitional President General Mamadi Doumbouya.
The crude oil supply – delivered by Shell – will see Port Harcourt Refinery start operations following years of rehabilitation and integrity activities.
NNPC has launched a tender inviting private operators to operate and maintain the West African country’s Port Harcourt oil refinery.
The gradual commissioning of new refining facilities in Africa will mark the recovery of the continent’s downstream industry in 2024 and beyond.
The project will enable Nigeria to meet its petroleum needs and enhance energy resilience and affordability through the use of local oil and gas resources.
The sixth cargo of crude has been delivered to the Dangote Refinery this week, bringing the total crude stock received to six million barrels of oil.
The shipment from Shell is another step towards meeting the refinery’s 650,000 barrel-per-day refining capacity.
Africa’s largest refinery has received its first one million barrels of Agbami crude, marking the commencement of operations.
The deal marks both TotalEnergies’ divestment of its non-core assets and an entry into the South African market by Prax Group.