Fuel demand to hit 17.3 million MT by 2025 – NNPC

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Fuel demand to hit 17.3 million MT by 2025 – NNPC - Punch Newspapers

He said, “The country needs a refining capacity of about 1.52 million barrels per stream day, to meet its PMS requirement in the next four years.

“The NNPC Refineries’ 445,000 BPSD and Dangote Refinery’s 650,000 BPSD running at 60 per cent and nameplate capacity respectively would supply 76 per cent of that requirement, leaving a shortfall of about 17 million litres of PMS daily. “NNPC is adding 215,000bpsd of refining capacity through private sector driven co-location at the existing facilities in PHRC and WRPC respectively. Modular refineries are also adding capacities such as the 5,000 BPSD Walter smith refinery which will be upgraded to 50,000 BPSD.”

According to Kyari, Additional 250,000bspd is expected to come from the condensate refineries through the private sector partnership.

 

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