Niger Now Exports Petroleum Products To Nigeria
The country which began its commercial oil production in 2011, now supplies petroleum product to Nigeria, which is known as one of the major exporters of petroleum in the world.
Over the years Nigeria’s three major refineries have been grounded to near-zero capacity utilisation with all of its refined fuel imported from other countries.
According to an analysis obtained from the African Refiners & Distributors Association (ARA), it was revealed that strong refinery performance in neighbouring Niger Republic meets local fuel demand, and the excess production is exported to Nigeria, Burkina Faso and Mali.
Nigeria has been in a struggle to get its refineries working and to attract foreign investment to the downstream sector of the oil industry. Meanwhile, Niger has built a single 20,000-barrel per day refinery with a configuration for the local market, and is currently turning out liquefied petroleum gas, 7 per cent; gasoline, 32 per cent; and diesel, 61 per cent, to enable it optimise stranded crude supply.