The Nigerian National Petroleum Corporation (NNPC) is aware of plans made by investors to to relocate a 100,000bd brownfield refinery, formerly owned by British Petroleum (BP) Plc from Turkey to Nigeria.

Brownfield land is essentially land that has been previously developed for industrial or commercial purposes, currently vacant, probably due to contamination due to environmental waste. This is in contrast to greenfield land, which is undeveloped land for the purposes of agriculture or landscaping.

The relocation plan is to operate the refinery in close collaboration with the Port Harcourt refinery; in an aim to boost the local refining capacity and gradually shift the dependence on importation of petroleum products. There are also similar plans to relocate other brownfield refineries closer to the Warri refinery.

The above efforts are set in hopes of expanding the nation into a global refining hub. Privately owned energy companies such as Luxxorgas and LuxxorPower, are making groundbreaking efforts in positioning themselves to be able to exploit such resources as at when due, including the distribution and commercialization of commercially sensible hydrocarbons and other power sources in West Africa

 

Read the full article Here: