ABUJA – Nigeria’s daily domestic refining capacity is now at 6 million litres, while the country’s daily consumption stands at 35 million litres, the country’s oil minister said on Thursday.

The Minister of State for Petroleum Resources Ibe Kachikwu gave the comments at a press briefing in the capital of Abuja.

Nigeria is pushing to refurbish its decrepit refineries, as the country is still mainly dependent on exporting crude oil for imports of refined products.

(Reporting by Camillus Eboh; Writing by Paul Carsten, editing by David Evans)

Source: Reuters

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s