Project Description

Nigeria's refining capacity is currently insufficient to meet domestic demand forcing the country to import petroleum products. Therefore, the establishment of modular refineries in the country will help generate employment, increase supply of petroleum products to end users, reduce youth restiveness in the Niger Delta and earn more foreign exchanges for government through petroleum products exports.

The HPI Refinery is a subsidiary of HARVARD INTERNATIONAL PETROLEUM COMPANY LIMITED (aka HARVARD PETROLEUM), an incorporated petroleum company in Nigeria. The company plans to set up 10,000 bpd capacity Hydroskimming/Topping Refinery at first instance and with the intention to progressively expand to 100,000 bpd capacity.

The location of a modular refinery is strategic and influenced by proximity to the source of crude oil producing marginal fields and tie-in to supply infrastructure or clusters. Therefore, the proposed location for the new modular refinery is the Industrial City Free Trade Zone in Sapele, Delta State, Nigeria. Sapele has a daily production carrying capacity of 110,000 barrels of crude oil and also have two flow stations that will make delivery easier, and has been relatively peaceful.

Harvard Petroleum will at all times demonstrate our commitment to maintaining corporate profitability while actively participating in our communities and integrating sustainable business practices wherever possible. We ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely. We will cultivate a progressive working environment that will raise the standard of living for our employees, as well as improve the quality of life in our world, for our partners, employees and for our customers.

Petroleum refineries are very large industrial complexes that involve many different processing units and auxiliary facilities such as utility units and storage tanks. Each refinery has its own unique arrangement and combination of refining processes largely determined by the refinery location, desired products and economic considerations. In addition, this uniqueness is also determined by the crude type being refined. There are most probably no two refineries that are identical in every respect. Refineries come in configurations – ranging from small topping and reforming refineries to sophisticated complex refineries. Operating capacity wise, refineries are categorized as modular capacities of 500 – 50,000 bbls/day and conventional conversion complex type with capacities above 100,000 bpsd. Some modern petroleum refineries process as much as 800,000 to 900,000 barrels (127,000 to 143,000 cubic meters) per day of crude oil.

All refineries, in spite of the size, perform three basic steps which are Separation (fractional distillation), Conversion (cracking and rearranging the molecules), and Treatment. Because of the high capacity, many of the units operate continuously, as opposed to processing in batches, at steady state or nearly steady state for months to years.

The overall economics or viability of a modular refinery depends on the interaction of three key elements: the choice of crude oil used or crude slate; the complexity of the refining equipment or refinery configuration; and the desired type and quality of products produced or product slate. Establishment of modular refineries in Nigeria is technically feasible and economically viable. The raw materials are readily available and the production process very simple with market readily available.

The capacity of the proposed refinery is ten thousand (10,000) barrels per day and the plant would operate at hundred percent (100 %) installed capacity for three (3) shifts of eight (8) hours shift per day working for three hundred and thirty four (334) days per annum.

Our business goal as a petroleum and crude oil refinery business is to become one of the leading oil and gas companies. Our new refineries will produce gasoline, kerosene, distillate fuel oil (diesel fuel), aviation fuel, residual fuel oil, lubricants, aliphatic and aromatic chemicals as byproducts, liquefied petroleum gases and other refined petroleum products.

Harvard Petroleum is building a highly profitable crude oil refinery business in Nigeria given the abundant oil resources inherent in the country. No doubt the demand for refined crude oil products will not plummet any time soon, which is why we are exploring all available markets for our projected products. In development are a wide range of distribution channels across Nigeria and on a global scale in order to maximize business profits.