Petrocam International ‘s plan to build a 400,000 barrels per day (bpd) refinery will hasten Nigeria’s quest for improved locally refined products. Also, the firm is contemplating off-grid solutions to improve power supply.
The South African-based oil trading giant is investing in the refinery to improve fuel supply for domestic consumption which is put at 41 million litres per day, according to the monthly report of the Nigerian National Petroleum Corporation (NNPC).
Speaking after the inauguration of its seventh solar-powered fuel station in Epe, Lagos, Petrocam Nigeria Limited’s Chief Executive Officer Patrick Ilo said off-grid electricity was the way out of Nigeria’s power challenges. He urged Nigerians to generate electricity from solar, biomass and wind to complement power from the national grid.
Petrocam, he said, was generating solar power in its retail outlets, adding that issues, such as provision of power and refining of petroleum products, must be given necessary attention.
Source: The Nation