By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: CORAN inaugural summit to chart Nigeria’s path to oil refining leadership
Share
Sign In
Notification Show More
Latest News
EmpowerHer Project Distributes Over 3,000 Free Menstrual Products to Secondary Schools
Civil Society Organisations Gender Health Metro News Youths
ELRA, NCR Partner to Boost Leasing, Expand Access to Finance 
Business Economy Infrastructure News
2027: Danger for elected leaders under Labour Party in Anambra as group threatens to withdraw support offered in 2023
Metro News Opinion Politics
LUMINAH 2030 initiative: UBEC to empower 1m girls
Education Metro News
Nigeria’s 4-Ds Foreign Policy Thrust Will Stall Without Ambassadorial Appointments, Experts Warn
Metro News Politics
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > CORAN inaugural summit to chart Nigeria’s path to oil refining leadership
NewsOil & Gas

CORAN inaugural summit to chart Nigeria’s path to oil refining leadership

Publisher
By Publisher Published August 12, 2024
Share
3 Min Read
SHARE

The Crude Oil Refinery-owners Association of Nigeria (CORAN) is set to hold the inaugural edition of the Nigerian Crude Oil Refining Summit scheduled for October 7th and 8th, at the Eko Hotel & Suites, Lagos. This critical event, themed “Making Nigeria a Net Exporter of Petroleum Products,” comes at a crucial time for the Nigerian oil industry as the nation navigates the opportunities and challenges presented by the downstream oil deregulation.

The summit aims to provide a comprehensive platform for discussing the significant transformations within Nigeria’s oil sector. As the country transitions towards a deregulated downstream oil market, there is a pressing need to evaluate the investment landscape and operational viability of refinery businesses. This deregulation is expected to cultivate a competitive market environment, attract foreign investments, and boost the operational efficiency of local refineries.

“This summit is a vital step in our journey to not only meet domestic demand but also position Nigeria as a leading exporter of petroleum products. We are excited to bring together industry experts, policymakers, and investors to collaboratively explore and address the challenges and opportunities that lie ahead,” said Mr. Momoh Jimah Oyarekhua, CORAN.

The summit will highlight the importance of creating a stable and transparent regulatory framework that encourages investment while protecting consumer interests and at the same time promoting collaboration between regulatory authorities, crude oil producers, and refinery operators to ensure a steady supply of feedstock at competitive prices, thereby supporting sustainable refining operations.

According to CORAN, in light of the global shift towards cleaner energy and sustainable practices, the summit will also address the need for Nigeria to adopt advanced technologies, enhance local content, and align with global best practices. These strategies are essential for the country’s refineries to thrive in an evolving energy landscape and to achieve the goal of becoming a net exporter of petroleum products.

“Our mission at CORAN is to empower Nigeria’s refinery sector to reach its full potential. By fostering collaboration and innovation, we aim to transform challenges into opportunities, driving economic growth and energy independence for our nation,” Oyarekhua said.

The Nigerian Crude Oil Refining Summit 2024 will feature keynote speeches, panel discussions, and networking opportunities with key stakeholders, including government officials, industry leaders, and international investors. Attendees will have the chance to engage in in-depth discussions about the future of Nigeria’s refinery business and explore collaborative approaches to overcoming industry challenges.

The Crude Oil Refinery-owners Association of Nigeria (CORAN) is dedicated to advancing the interests of Nigeria’s refinery owners and operators. CORAN advocates for policies that promote investment and growth in the oil refining sector, ensuring the industry’s sustainability and its contribution to Nigeria’s economic development.

Like this:

Like Loading...

Related

You Might Also Like

EmpowerHer Project Distributes Over 3,000 Free Menstrual Products to Secondary Schools

ELRA, NCR Partner to Boost Leasing, Expand Access to Finance 

2027: Danger for elected leaders under Labour Party in Anambra as group threatens to withdraw support offered in 2023

LUMINAH 2030 initiative: UBEC to empower 1m girls

Nigeria’s 4-Ds Foreign Policy Thrust Will Stall Without Ambassadorial Appointments, Experts Warn

TAGGED: CORAN, Oil and gas

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher August 12, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article NIMASA, Chatham House To Engage UN Security Council On Security In Gulf Of Guinea
Next Article Building collapse: UBEC trains staffers on project assessment
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

EmpowerHer Project Distributes Over 3,000 Free Menstrual Products to Secondary Schools
Civil Society Organisations Gender Health Metro News Youths August 24, 2025
ELRA, NCR Partner to Boost Leasing, Expand Access to Finance 
Business Economy Infrastructure News August 23, 2025
2027: Danger for elected leaders under Labour Party in Anambra as group threatens to withdraw support offered in 2023
Metro News Opinion Politics August 22, 2025
LUMINAH 2030 initiative: UBEC to empower 1m girls
Education Metro News August 22, 2025

You Might also Like

Civil Society OrganisationsGenderHealthMetroNewsYouths

EmpowerHer Project Distributes Over 3,000 Free Menstrual Products to Secondary Schools

August 24, 2025
BusinessEconomyInfrastructureNews

ELRA, NCR Partner to Boost Leasing, Expand Access to Finance 

August 23, 2025
MetroNewsOpinionPolitics

2027: Danger for elected leaders under Labour Party in Anambra as group threatens to withdraw support offered in 2023

August 22, 2025
EducationMetroNews

LUMINAH 2030 initiative: UBEC to empower 1m girls

August 22, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d