Nigerian Midstream and Downstream Petroleum Regulatory Authorities (NMDPRA) has presented a License to Construct (LTC) to the Foster Petroleum Development Company Limited for the development of a 30,000 bpd (barrels per day) capacity refinery in Gokana, Rivers State.

According to a statement posted on its X handle, Friday, the NMDPRA said the license was presented by the Executive Director, Hydrocarbon Processing, Plants Installations and Transportation Infrastructure, Engr. Francis Ogaree, on behalf of the agency.

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Speaking at the presentation, Engr. Ogaree reaffirmed the NMDPRA’s commitment to supporting investments that enhance Nigeria’s domestic refining capacity, improve energy security, and drive economic growth.

Once completed, the refinery is expected to produce Premium Motor Spirit (PMS), also known as petrol, as well as Automotive Gas Oil (AGO), called diesel, and the Dual Purpose Kerosene (DPK), in addition to fuel oil, contributing significantly to the availability of refined petroleum products in the country.

NMDPRA described the project as being in line with ongoing efforts to expand local refining infrastructure and strengthen the nation’s petroleum value chain, as the agency continues to issue licences aimed at boosting the country’s domestic refining capacity and reducing reliance on imported fuel.