REFINING & TERMINALS

About us

Oando Refinery and Terminals is the newest business unit of the Oando Group managing the development of an ultramodern 240,000 barrels per day (bpd) greenfield petroleum refinery and a 210,000 MT capacity product reception terminal in the Lekki Free Trade Zone located in Lagos state, south-west of Nigeria.

Oando's entry into Refinery and Terminals sectors complete its footprints in all segments of the energy value chain to become Nigeria's leading integrated energy solutions providers.

Refinery
The Refinery promises to be one of the most competitive in the world as it is physically close to Nigeria's high quality crude, a huge local and regional market and is sophisticated enough to produce premium refined products.

With a 'bankable' feasibility study conducted by Wood Mackenzie and Foster Wheeler, Oando Refinery and Terminal has demonstrated its commitment to meticulous project execution.

Oando, with its usual execution excellence and strict operational controls that has resulted in several successful projects in the past, is taking deliberate steps to ensure the refinery project is likewise implemented flawlessly. This is evident in the comprehensive detail of this feasibility study coupled with the choice of by world-class vendors.

Terminals
The 210,000 MT capacity terminals is conceptualised to be best-in-class and the largest product terminal in the sub-region dispatching over 500 trucks per day in what is set to revolutionise petroleum products distribution in Nigeria. It will be located in the same location as the Oando Refinery and will be a precursor to the development of the facility.

The Terminal will have a Single Point Mooring (SPM) facility located about 5km offshore, which will support the berthing of 80,000 deadweight tonnage (dwt) vessels for the first time in West Africa.

Pursuant to this, Oando has commissioned the Front End Engineering Design (FEED) of the terminal scheduled to be completed by the third quarter of 2009, whilst the entire project is expected to be completed in the first quarter of 2014.

This project will radically reduce the traffic to Apapa port, in Lagos, originally built to handle only 10% of Nigeria's energy import requirement as against the 90% it does today.