As part of the Nigerian Government Strategy in developing “Refineries and Local Production Capacity” a key part of the process is the licencing agreements with interested third parties. The qualification requirements set by the Department of Petroleum Resources (DPR) are in three phases: Licence to Establish (LTE) ; Authority to Construct (ATC) and Licence to Operate (LTO).
Jidkonstar Ltd have now submitted their initial documentation to DPR and following the issue of the Front End Engineering Design (FEED) together with some clarifications requested from DPR, Jidkonstar has been advised that an LTE will be now be approved. Once the LTE is secured the next phase of detailed design will commence with the intention of quickly moving to ATC.