food application oil refining equipment in nigeria

                                               
                                               
                                               
                                               
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  • How did the Nigerian oil refinery make money?
  • The refinery was a fully private company and sold its products directly to the marketing companies in Nigeria under an arrangement in which they paid for stated capacities of crude supplied, lifted products realizable from those capacities, and paid the refinery a processing fee accordingly.
  • How does edible oil refining reduce production costs?
  • In edible oil refining, the continuous effort to reduce overall production costs is mainly achieved by increasing plant capacities, installation of mono feedstock plants, and increasing the degree of automation. Over the years, more energy-efficient processes and technologies, resulting in a higher refined oil yield, have gradually been introduced.
  • When was the first BP refinery built in Nigeria?
  • It embarked on a project to build the first refinery in the country near Port Harcourt. The 38,000 barrels per day (bpsd) Shell-BP Refinery was completed and commissioned in 1965. It was a simple hydro-skimming plant. The Federal Government of Nigeria acquired 50% shareholding under a participatory agreement with Shell-BP.
  • When was the first shipment of crude oil from Nigeria?
  • It continued development activities in 1957 and the first shipment of crude oil from Nigeria took place in 1958 [ 1 ]. According to Fayose as quoted by Oloruntegbe et al. “The first cargo of crude oil was shipped in February 1958 through the oil tanker ship Hemisfusus to Britain” (Oloruntegbe, K. O., Akinsete, M. A., Odutuyi, M. O. 2009) [ 5 ].