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NNPC, ARA to boost refining in Africa
The Nigerian National Petroleum Corporation (NNPC) and the African Refiners
Association (ARA) have vowed to improve the business of refining and
products shipping for the benefit of the countries in the continent.
This was made known by NNPC’s Group Executive Director, Refining &
Petrochemicals (R & P), Engr Austin O. Oniwon during this year’s ARA
Shipping & Ship Vetting Seminar held in Abuja recently.
“We are poised to work together so as to find a common ground upon which
refining and shipping can more efficiently contribute their quota to the
economic upliftment of Africa,” Oniwon told participants at the seminar.
He described the collaboration between all stakeholders in the refining and
shipping business as very crucial considering the sensitive role that oil
and its derivatives play in all nations’ economy.
“It is our hope that this interaction between the African refiners and the
continent’s shipping industry will create a veritable avenue for the parties
to understand each other’s needs and challenges,” he added.
He said NNPC as a prominent player in the global oil and gas business will
continue to actively play its role of promoting tangible Nigerian Content in
the nation’s and Africa’s petroleum business value chain.
Also speaking at the seminar, the President of ARA, Mr Joel Dervain thanked
the NNPC for its “sustained support and inestimable cooperation” with the
association since its inception four years ago.
“The NNPC has always been by our side and we have to commend them for that.
In fact this is the first time a seminar like this is taking place, so we
are grateful to NNPC management,” Dervain stated.
He added that the seminar was informed by the need to bring together
stakeholders in the refining and shipping business to discuss the issue of
security and transportation in their activities.
“We are really concerned by what is happening in our industry. We have since
realized that a lot of foreign countries are taking advantage of how we do
business, this is part of what we want to address,” he said.
According to him, there are around 100 coastal oil tankers ranging from 1,
000 to 50, 000 DWT operating around the coast of sub-Saharan Africa.
“Unfortunately many of the companies who own these ships have not enjoyed
the benefits that abound in Europe, US and Asia.
ARA, an umbrella body of African refiners, was established in 2005 to among
other things address economic, environmental and social issues that impact
on petroleum refining and products importation in the continent.
The association also champions the promotion and exchange of positive
experiences between members, improve their technical and economic
performance as well as boost communication and cooperation between them.
