Dpr issues new guidelines for establishment of modular refineries

The Department of Petroleum Resources (DPR) in Nigeria has issued new guidelines for the establishment of modular refineries in the country. The guidelines are aimed at promoting the development of modular refineries, which are smaller and more flexible than traditional refineries, and can be used to process a variety of crude oil types.

The new guidelines, which were published in the Nigerian Official Gazette, provide a framework for the establishment, operation, and maintenance of modular refineries in Nigeria. The guidelines cover a range of issues, including:

  1. Eligibility: The guidelines specify the criteria for eligibility to establish a modular refinery in Nigeria, including the requirement for a minimum of 10% equity participation by Nigerian citizens.
  2. Licensing: The guidelines outline the process for obtaining a license to establish a modular refinery in Nigeria, including the submission of a feasibility study, business plan, and other required documents.
  3. Environmental Impact Assessment (EIA): The guidelines require that all modular refinery projects undergo an EIA to assess the potential environmental impacts of the project.
  4. Safety and Security: The guidelines emphasize the importance of ensuring the safety and security of modular refinery operations, including the implementation of measures to prevent accidents and protect against theft and vandalism.
  5. Technical Requirements: The guidelines specify the technical requirements for modular refinery operations, including the need for a minimum capacity of 10,000 barrels per day and the requirement for a crude oil processing facility.
  6. Financial Requirements: The guidelines specify the financial requirements for modular refinery projects, including the need for a minimum investment of $50 million and the requirement for a bank guarantee or other form of security.
  7. Monitoring and Evaluation: The guidelines require that modular refinery projects be monitored and evaluated regularly to ensure compliance with the guidelines and to identify areas for improvement.

The new guidelines are expected to promote the development of modular refineries in Nigeria, which can help to increase the country's refining capacity and reduce its dependence on imported refined petroleum products.