Page 15 - AfrOil Week 11 2023
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AfrOil                                PROJECTS & COMPANIES                                            AfrOil



                         Only one of the CDU’s furnaces is currently   Joshua Cudjoe said the government was seeking
                         operational, giving the 56-year-old facility an   strategic partners willing to provide the capital
                         effective throughput capacity of 30,000 bpd.  required to rehabilitate TOR, which requires
                           Reports in May 2021 had also suggested that   extensive repair work, a goal which Duffor
                         the refinery had depleted all its feedstock, with   seems to be continuing.
                         operations halted for maintenance and repair   His pledge to revive refinery has painted it
                         works to begin.                      as an important part of improving the country
                           In mid-2022, Minister for Public Enterprises   as a whole. ™


       NDEP says expansion of Ogbele




       modular refinery is complete






            NIGERIA      NIGERIA’S ND Refineries Ltd reported this   refinery, located in Ogbele marginal field in Oil
                         week that it has completed mechanical con-  Mining Lease (OML) 54, Ahoada East Local
                         struction of a fourth train at its Ogbele modular   Government Area of Rivers State, is the fourth
                         refinery, raising production capacity to 14,000   train. “The group has invested and installed
                         barrels per day (bpd). It said the new unit would   equipment comprising various units, including
                         be dedicated to the production of petrol for the   a reformer, to further convert produced naphtha
                         domestic market.                     to gasoline (PMS) for the domestic market. This
                           Local media reported that the facility would   train is expected to be operational by the end of
                         be inaugurated and brought into operation   2023,” an NDEP representative informed the
                         before the end of this year.         local THISDAY news outlet.
                           ND Refineries is a subsidiary of Niger Delta   “In line with the increasing demand for
                         Exploration and Production (NDEP) Plc, an   petroleum products in the domestic market,
                         integrated  indigenous company operating   further expansion is being planned for the near
                         throughout the upstream, midstream, and   future to increase the overall capacity of the
                         downstream segments of Nigeria’s oil and gas   refinery. The goal is to increase refining capacity
                         industry.                            in the medium-term future,” the NDEP repre-
                           The most recent addition to the existing   sentative said. ™



       UNOC and Sonatrach sign MoU



       on oil and gas cooperation






         ALGERIA/UGANDA  UGANDA National Oil Co. (UNOC) and its   country was looking for Algeria to invest in its
                         Algerian counterpart Sonatrach have signed a   planned refinery. “We want to build an inland
                         memorandum of understanding (MoU) for the   refinery,” Museveni said, adding: “It is absolutely
                         development of oil and gas projects in Uganda.   necessary because it will cut transport costs, see-
                         The deal was confirmed over the weekend when   ing that we are far away from the coast.”
                         UNOC made a short statement on Twitter say-  Uganda’s planned 60,000 barrel per day (bpd)
                         ing: “The MoU covers oil and gas co-operation   refinery will be built at Kabaale in the Hoima
                         – upstream, midstream (refining and petro-  district. It is expected to begin production by
                         chemicals), downstream, capacity building, and   2025, pending a final investment decision (FID)
                         oil and gas services.”               to be made in June of this year.
                           The MoU was signed by Dr. Michael    The facility is anticipated to cost around
                         Mugerwa, general manager of Uganda Refinery   $4bn, and it will process waxy crude from the
                         Holding Co. (URHC), and Sonatrach CEO Tew-  Lake Albert oilfields that are being developed
                         fik Hakkar.                          by TotalEnergies (France) and China National
                           The signing came during Ugandan Presi-  Offshore Oil Corp. (CNOOC). It will turn out
                         dent Yoweri Museveni’s recent three-day visit   petroleum products for consumption in Uganda
                         to Algeria, during which he had said that the   and neighbouring countries. ™



       Week 11   16•March•2023                 www. NEWSBASE .com                                              P15
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