Page 13 - DMEA Week 31 2022

DMEA NEWS IN BRIEF DMEA

conceived to support President Muhammadu Development Company (NPDC) facility - oil countries dangerously short of fuel supplies,
Buhari’s drive to create millions of jobs for the mining lease (OML) 111 - near Benin City. disrupting airlines and causing queues at
Nigerian populace. He assured that NCDMB Governor Obaseki has said we were in China filling stations.
was committed to create jobs for Nigerians to sign this Memorandum of Understanding The refinery restart will provide some relief
through its direct projects and partnerships (MoU). I am very impressed that work has to South Africa, which is a net fuel importer.
with other project promoters. moved at such a speed in spite of the delay Out of South Africa’s six refineries, only
According to Wabote, “when the Federal caused by COVID-19 pandemic,” Obaseki Sasol’s Natref crude oil refinery and its
Government enunciated the policy on the said during a recent visit to the facility. “The Secunda coal-to-liquids plant are currently
development of modular refineries, NCDMB plant is ready to receive crude oil; it is ready operational.
decided to explore ways through which to process and it is ready to deliver products. A Sasol spokesperson said the Natref is
we can build modular refineries to refine They have done the pre-commission with the ramping back up this week after declaring
products locally. We first partnered with Department of Petroleum Resources, they force majeure on crude oil supplies last
Waltesmith Modular Refinery in Imo State have certified the refinery. “What we have left month.
and it is already operational, refining 5000 now is to finalise the crude oil sale contract, REUTERS
barrels of crude per day. Azikel Modular these facilities have to get a certain type of
Refinery in Bayelsa State is the second one and crude from the Escravos line and that is
this Duport project is the third project and we being finalised. “I hope that before the end of FUELS
believe that it would be commissioned in the August, we should start lifting products from
last quarter of this year.” this refinery.” Southern Africa lags in
Wabote commended the Edo State President Muhammadu Buhari had said
Governor for a providing conducive construction of modular refineries in Nigeria adoption of sustainable fuel
environment for the Duport Energy Park will make petroleum products available in the
project and underscored the peaceful country as well as eliminate importation. Edo At the recent Farnborough International
disposition of the host communities that has taken the lead in cement and petroleum Airshow, in England, US-based global major
attracted the investment. He said the products production in Nigeria. aerospace group Boeing unveiled a new tool
project has created job opportunities at the NIGERIAN OBSERVER to model data, which it designated Cascade,
construction phase and the employment which was created to map the ways that the
numbers would multiply during the Glencore to restart South global commercial aviation sector could reach
operations and maintenance phase. He the international target of having net-zero
restated that one of the key benefits for African oil refinery in fourth carbon emissions by 2050.
the establishment of modular refineries “There are multiple ways to a future where
is the steady rebuilding of local skills in quarter aviation has zero climate impact,” noted
refinery operations especially amongst Boeing chief sustainability officer Chris
the young workforce. Governor Obaseki Global commodities trader Glencore will Raymond at the launch of the tool. “We
has commended the NCDMB for its restart its Cape Town oil refinery in the fourth created Cascade on a foundation of credible
developmental strides and expressed hope for quarter this year, more than two years after data and analytical models to allow users to
more partnership as it continues to provide a deadly explosion shuttered the plant, Chief explore various pathways to net zero.”
favourable working conditions in the state for Executive Gary Nagle said during an earnings Different options to provide energy
all the projects of the Board. call on Thursday. for aircraft propulsion, while significantly
Edo modular refinery was developed by The 100,000 barrel-per-day refinery is run reducing or even eliminating carbon
two Chinese firms: AIPCC Energy Limited by Astron Energy, which is majority owned by emissions, exist. The main ones are hydrogen,
and Peiyang Chemical Equipment Company Switzerland-based Glencore. Two people were electricity (either pure or hybrid technologies)
Limited. It has a capacity of 6,000 barrels per killed in an explosion in July 2020. and sustainable aviation fuels (SAF).
day and it is expected to produce 50 percent of The refinery is restarting after repairs “We have to take a holistic view to
diesel (500,000 litres), 25 percent of naphtha as well as an upgrade to several units. The decarbonisation,” he pointed out. “And
(300,000 litres) and 20 percent of fuel oil company recorded an impairment charge for when we do that, it is clear that [SAF] is a
(200,000 litres) from its feedstock.Tim Tian, the plant of $480 million last year. necessary lever. We know it will take a ‘SAF
managing director of Edo Modular Refinery, A shortage of oil refineries across sub- and’ approach and not a ‘SAF or’ approach to
had said the refinery will get its feedstock Saharan Africa coupled with soaring crude achieving net zero by 2050.”
(crude) from the Nigerian Petroleum prices because of the war in Ukraine has left “Hydrogen and/or electric propulsion

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