Our government (both past and present), from observation, is like a man who has built a house with gold blocks, and then the roof is profound of leakages, yet he sits with unfeigned comfort. I would maintain this untill I am proven otherwise. Of course it is my desire to be proven wrong in this matter.
What would you call a man who plants cassava yearly, yet buys garri? A thicko who has neglected the shores of contrivance and then buries his own skull in perpetual frustration.
Nigeria’s first commercial production of oil from the block, OML 29 Oloibiri Oil Field, was at 5,100 barrels per day, and we have since moved to about 2.4 million barrels per day. Howbeit, the increasing demand for Premium Motor Spirit products (PMS), and the consequent purveyanve has been a conundrum.
It is very easy to conclude that our country does not have the wherewithal to refine. It is also very easy to simply adhere to the untrammelled and tenuous excuses of our government. But when you see the acme other countries (African countries) have dared in same sector, you would want to leap to another conclusion that what our government has been and is still doing is a mere display of unequivocal oblivion.
Of course our country is incomparable. The statement might not also be absolute. But then, statistics always have a way of laying issues au natural, such that the truth can never be smeared, even with shadows of obscurity.
I first looked at Angola, second to only Nigeria in terms of crude oil production in Africa. Of course a way smaller Country (24 million people). Somewhat interesting, Angola annually export $703M of refined petroleum. That’s mildly insignificant compared to their total export though. But then, the fact is they export. They have just one refinery (very small, 39,000 capacity). But impressively, it runs at a 70% efficiency. None of Nigeria’s refineries fuction at that level of efficiency, sadly.
Looking elsewhere in Africa; Egypt has nine refineries with a 774,900 bpd total capacity, and an 81% total efficiency. Algeria; five refineries, 303,700 bpd capacity and a 94% efficiency. South Africa; has about six refineries, 545,000 bpd capacity, with an 85% efficiency.
In Nigeria, we have four refineries with a total capacity of 445,000 bpd. Talk about the efficiency, even the government does not know. So let us leave it there. You might never get an accurate information.
The claims that our refineries are old are also derisory and unpersuasive, when you discover how old some of these other refineries are and how efficacious they still strive.
Only three of Egypt’s nine refineries were built since 1973. Egypt’s second largest refinery was built in 1913.
None of South Africa’s refineries is younger than 20 years. Infact the capetown Caltex refinery has existed since 1965 and is still contributing to South Africa’s second largest petroleum refining capacity, behind Algeria.
The bane of the hapless state of the country’s refineries is utter negligence, a lackluster attitude, and unpatriotic and rookie visionaries.
I think our government hasn’t tried. We have the capacity to refine petroleum to a commendable level. Afterall, some other African countries are doing it.
You can drop your comments below.