April 15, 2024

Breaking News: MoreBarrels Petrochemical Awarded License to Construct 25,000 BPD Refinery

Learn about the recent milestone achieved by MoreBarrels Petrochemical as they secure a License to Construct (LTC) a 25,000 BPD refinery.
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In a significant milestone for MoreBarrels Petrochemical Limited, the company has been awarded a License to Construct (LTC) for a state-of-the-art refinery with a capacity of 25,000 barrels per day (BPSD). The authority behind this prestigious license was none other than the esteemed Chief Executive, Engr. Farouk Ahmed.

The momentous occasion was marked by the formal presentation of the license, which took place under the auspices of the Honorable Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri. This pivotal event underscores the government’s commitment to fostering innovation and growth within the oil and gas sector, as well as MoreBarrels’ pivotal role in advancing the nation’s energy infrastructure.

With this license in hand, MoreBarrels Petrochemical is poised to embark on an ambitious journey towards enhancing domestic refining capacity, bolstering energy security, and driving economic development. The refinery, equipped with cutting-edge technology and operated by a team of industry experts, will play a crucial role in meeting the nation’s growing demand for petroleum products while adhering to the highest standards of quality, efficiency, and environmental sustainability.

https://x.com/NMDPRA_Official/status/1760295020152725509

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