What OPAC REFINERIES does

OPAC Refineries, legally OMSA Pillar Astex Company Limited, is a privately held Nigerian modular refinery founded in 2017 and headquartered in Victoria Island, Lagos, with production assets in Umuseti, Kwale, Delta State. The company operates a 10,000 barrels-per-day (bpd) modular refinery within Oil Mining Lease (OML) 56, making it the first modular refinery of its kind in sub-Saharan Africa. It refines locally sourced crude oil into four primary petroleum products: Automotive Gas Oil (AGO/diesel), Low Pour Fuel Oil (LPFO/LSFO), Dual Purpose Kerosene (DPK), and Naphtha.

The refinery is built on a 4-train crude distillation architecture with sealed and airtight units, a fire defense system, and a resource-efficient gas recycling loop that channels residual gas back into the burner. OPAC's co-location near onshore marginal fields provides direct pipeline access to sweet light crude, reducing feedstock transport costs relative to coastal competitors. The company sells its petroleum products through a B2B model via a formal registered marketers program with KYC requirements, alongside direct industrial sales to manufacturers, power generators, and transport operators. Target customer segments span heavy industry and transportation, industrial manufacturing, off-grid communities, and the petrochemical sector. The company's Chairman, Momoh Oyarekhua, also serves as Chairman of the Crude Oil Refinery Owners Association of Nigeria (CORAN).

OPAC has announced a capacity expansion to 60,000 bpd with new Premium Motor Spirit (PMS) and jet fuel production, alongside plans for additional modular refineries near other onshore marginal fields across Nigeria. Crude supply remains a documented operational constraint despite the Petroleum Industry Act's Domestic Crude Supply Obligation. Revenue is undisclosed; the company is privately held under parent OMSA Integrated Services Limited, with foreign technical partners contributing equipment as equity.

Name

OPAC REFINERIES

Legal name

OMSA Pillar Astex Company Limited

Website

https://opacrefineries.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

OPAC Refineries is Nigeria's first modular refinery, operating a 10,000 barrels-per-day crude distillation plant in Delta State. It refines crude into diesel, fuel oil, kerosene, and naphtha, selling wholesale to registered marketers and industrial customers across Nigeria, with 60,000 bpd expansion planned.

Ownership category

akta.pro rank

Product category

Petroleum Refining

NAICS

Petroleum Refineries (32411), Petroleum and Coal Products Manufacturing (324)

SIC

Petroleum Refining (2911)

akta.pro primary industry

Conversion Refineries (FCC/Hydrocracking/Coking) (EUALAGAB)

Keywords

• Modular crude oil refining
• Petroleum product manufacturing
• Diesel fuel production
• Industrial fuel supply
• Crude distillation operations

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Petroleum Product Sales: Revenue generated from refining crude oil and selling refined petroleum products including Automotive Gas Oil (diesel), Low Pour Fuel Oil, Dual Purpose Kerosene, and Naphtha to industrial customers, marketers, and distributors across Nigeria and Sub-Saharan Africa.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

OPAC Refineries operates a 10,000 barrels-per-day modular crude oil refinery in Umuseti, Kwale, Delta State, Nigeria, refining crude oil into four core petroleum products: Automotive Gas Oil (AGO/diesel), Low Pour Fuel Oil (LPFO/LSFO), Dual Purpose Kerosene (DPK), and Naphtha. These refined products are sold in bulk to registered petroleum marketers and industrial customers across Nigeria, with planned capacity expansion to 60,000 bpd.

Product overview

OPAC Refineries is a modular refinery company operating a 10,000 barrels-per-day (bpd) modular refinery in Umuseti, Kwale, Delta State, Nigeria, with expansion plans to 60,000 bpd. The company refines crude oil into four primary petroleum products: Automotive Gas Oil (AGO/diesel), Fuel Oil (LPFO/LSFO), Dual Purpose Kerosene (DPK), and Naphtha. The refinery operates using crude distillation technology with four production lines, each consisting of heating and rectification blocks. Future plans include production of Premium Motor Spirit (PMS) and jet fuel through expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Gas Oil (AGO) Also known as diesel, AGO is a premium middle-distillate refined product designed for heavy-duty engines, trucks and buses, construction equipment, agricultural machinery, industrial generators, and marine engines. Sold in bulk to registered marketers and industrial customers.
• Low Pour Fuel Oil (LPFO/LSFO) Fuel oil produced from the lower distillation range of crude oil, known for stable combustion and high heat output. Used as bunker fuel and for boilers, furnaces, and steam systems in textile, cement, food processing, and manufacturing industries.
• Dual Purpose Kerosene (DPK) A grade of kerosene designed for both lighting and heating applications. Provides energy solutions in areas without reliable electricity access, supporting basic needs such as lighting, cooking, and heating.
• Naphtha A light, flammable hydrocarbon produced during crude oil distillation. Serves as a key intermediate for gasoline production through catalytic reforming and as raw material for chemical and petrochemical industries producing plastics, solvents, and synthetic fibers.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Healing Hands Health SocietyminorStrategic or Co-development PartnerPartnered with OPAC Refineries for the ONE-VISION Medical Outreach program, providing free eye screenings and cataract surgeries to over 2,000 community members in Umuseti Ogbe.
• Crude Oil Refinery Owners Association of Nigeria (CORAN)coreOthersOPAC Refineries is a founding member and its Chairman Momoh Oyarekhua serves as Chairman of CORAN. The association advocates for modular refinery interests, crude supply obligations, and policy reforms in Nigeria's refining sector.
• Pillar OilcoreTechnology or IntegrationCrude oil supplier providing approximately 1,500 barrels per day of feedstock to OPAC Refinery, enabling continued operations when government supply was insufficient.
• Nigerian Upstream Petroleum Regulatory Commission (NUPRC)coreOthersRegulatory body overseeing upstream petroleum operations. CORAN, with OPAC as a member, engages NUPRC on crude supply issues and Domestic Crude Supply Obligation implementation under the Petroleum Industry Act.
• Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)coreOthersRegulatory authority that sets standards for refinery operations including API, ASME, and ASTM compliance. OPAC Refinery operates under NMDPRA regulatory framework.
• Nigerian Content Development and Monitoring Board (NCDMB)coreOthersConducts regulatory visits to ensure Nigerian Content Performance in OPAC operations. Executive Secretary Engr. Simbi Wabote presented NOGOF award to OPAC.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Others

• Honeywell UOP: Global licensor of refining process technologies (distillation, hydrocracking, reforming); a key technology ecosystem partner and supplier relevant to OPAC's modular refining stack and any future capacity expansion.

Broad incumbents

• Sahara Group: African energy conglomerate with downstream trading, storage, and refinery interests across Sub-Saharan Africa; competes with OPAC on product distribution and customer access in regional fuel markets.
• Eni (Nigeria operations): Major IOC with Nigerian upstream and downstream interests; relevant comparable for crude feedstock dynamics and refined-product market structure in Nigeria where OPAC operates.
• Oando PLC: Nigerian integrated energy company with downstream petroleum marketing; a large incumbent customer and competitor in the same refined-products distribution channels OPAC targets via registered marketers.
• MRS Holdings: Nigerian downstream petroleum marketing and logistics company that buys and distributes refined products; competes for the same industrial and marketer customer base as OPAC.

Direct peers

• Niger Delta Petroleum Resources (NDPR): Upstream producer with an integrated 1,000 bpd modular topping refinery at Ogbele; comparable Nigerian modular refining operations serving similar industrial and marketer customers.
• Dangote Refinery: Nigeria's flagship 650,000 bpd refinery located in Lekki; produces the same petroleum product slate (AGO, kerosene, naphtha, fuel oil) for the Nigerian market, making it the dominant direct competitor whose pricing and supply decisions shape OPAC's commercial environment.
• Edo Refinery and Petrochemical Company: Modular refinery initiative in Edo State, Nigeria, operating in the same CORAN ecosystem with similar product slate and feedstock sourcing model as OPAC.
• Waltersmith Refining & Petrochemical: Operates a modular refinery in Imo State, Nigeria, also producing AGO, DPK, and naphtha from Nigerian crude; comparable in modular technology, scale, customer base, and regulatory positioning to OPAC.

Emerging players

• BUA Refinery: BUA Group has announced plans for a major greenfield refinery in Nigeria; once operational it will directly compete for crude allocation and refined-product offtake against OPAC's expanding modular footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/opac-refineries

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OPAC REFINERIES