Ondo State Refinery
A 500,000 barrels per calendar day petroleum refinery in Nigeria, NG, operated by BINL/NEFEX Holdings.
Record
- Rated capacity
- 500,000 bpd (atmospheric crude distillation, calendar day)
- Status
- Under construction
- Operator
- BINL/NEFEX Holdings
- Supplier graph
- bomforge.com/companies/binl-nefex
- Coordinates
- 6.7600, 4.7800
Notes
Recent news from November-December 2025 indicates the Ondo Refinery has secured $50 billion in funding and finalized joint venture agreements, representing major project milestones. However, these are financing and partnership developments, not operational achievements. The refinery remains in the development/construction phase, not yet operational.
What coverage reports
These are counts of what publishers filed about this plant, not an operating status. A quiet month means nobody named this facility that month, which is a fact about coverage and not about the plant. Where this site states how a refinery is running it says so in the facts table above, from the curated dataset, and cites it there.
Wire
-
General LowOndo State’s $50 Billion Refinery Deal: Promise, Peril, and the Pitfalls of Unverified AmbitionAfrica Oil+Gas Report · matched ondo, state
-
Expansion MediumNigeria's Ondo State announces $50bn investment framework for proposed 500,000bpd refinery, free trade zoneIntelliNews · matched ondo, state
-
General LowOndo State Govt, BINL Sign MoU To Build 500,000bpd Refinery, Free Trade Zone DevtIndependent Newspaper Nigeria · matched ondo, state
Every item names this facility by city or plant name in its headline or summary. Operator-only mentions never attribute. Headlines and links belong to the publishers named.