Tag warri refining petrochemical company limited
Tagwarri Refining and Petrochemical Company Limited is a Nigerian company that operates in the oil and gas industry. Here are some key facts about the company:
Company Overview
Tagwarri Refining and Petrochemical Company Limited is a Nigerian company that was incorporated in 1994. The company is involved in the refining and petrochemicals business, with a focus on producing a range of petroleum products and petrochemicals.
Refining Capacity
The company has a refining capacity of 20,000 barrels per day (bpd), making it one of the smaller refineries in Nigeria. The refinery is located in Warri, Delta State, Nigeria.
Products
Tagwarri Refining and Petrochemical Company Limited produces a range of petroleum products, including:
- Gasoline
- Diesel
- Jet fuel
- Liquefied Petroleum Gas (LPG)
- Petrochemicals such as polypropylene and polyethylene
Petrochemicals
The company also produces a range of petrochemicals, including:
- Polypropylene
- Polyethylene
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
Operations
Tagwarri Refining and Petrochemical Company Limited operates a refinery and petrochemical plant in Warri, Delta State, Nigeria. The company's operations are focused on refining crude oil and producing petroleum products and petrochemicals.
Ownership
The company is owned by a consortium of Nigerian investors, including the Delta State Government and other private investors.
Challenges
Like many other refineries in Nigeria, Tagwarri Refining and Petrochemical Company Limited has faced challenges in recent years, including:
- Inadequate maintenance and upgrading of the refinery
- Limited access to foreign exchange
- Competition from other refineries and petrochemical plants in the region
- Security concerns in the Niger Delta region
Future Plans
The company has plans to upgrade and expand its refinery and petrochemical plant in the coming years. The upgrade is expected to increase the refinery's capacity and improve its efficiency, while also reducing its environmental impact.
Overall, Tagwarri Refining and Petrochemical Company Limited is an important player in Nigeria's oil and gas industry, and its operations have a significant impact on the country's economy.