Rainoil says modular refineries are essential to Nigeria
By the AFREEQUE newsroom, based on Punch
Emmanuel Omuojine, managing director of Rainoil, believes modular refineries can strengthen fuel supply security in Nigeria. At an energy conference in Lagos, he also called for market-set prices to boost competition, according to Punch.
Modular refineries are essential to strengthening Nigeria’s fuel supply security, Emmanuel Omuojine, managing director of Rainoil Limited, said at an energy conference in Lagos, Punch reports. He warned against excessive reliance on a single supply source.
According to Emmanuel Omuojine, a disruption linked to refinery maintenance or another incident could destabilise the market. Industry stakeholders gathered at the NAEC conference also examined market liberalisation, its performance and business opportunities.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
