Alternative Fuel
Nigeria Explores Biofuels Production
In Nigeria, there are 10 active biofuel projects worth US$1.68 billion, primarily for the production of bioethanol.
Released Wednesday, May 15, 2024
Reports related to this article:
Researched by Industrial Info Resources (Sugar Land, Texas)--Biomass refers to any organic material which can be used to generate fuel, such as crops, wood, grasses, and waste materials. The most prominent types of biofuels include bio-oil, biodiesel, bioethanol, bio hydrogen and biogas, which can be produced via numerous processes such as chemical, thermal or biochemical methods.
In Nigeria, there are currently 10 ongoing biofuel projects worth US$1.68 billion, primarily for the production of bioethanol. The largest of these is Nigerian National Petroleum Corporation's (Abuja, Nigeria) US$1 billion bioethanol plant that will produce more than 13 million gallons per year when completed in 2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuels Project Database can learn more by viewing by the project report.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
Want More IIR News Intelligence?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Explore Our Solutions
PECWeb Global Market Intelligence Platform
Identify opportunities, anticipate change, and execute with confidence. PECWeb connects the industrial intelligence you need, from projects and assets to operational events, all in one platform.
Discover PecwebIndustry Intel
-
European Chemicals and Transport Fuels OutlookPodcast Episode / Jul 10, 2026
-
2026 European Petroleum Refining Project OutlookPodcast Episode / Jun 26, 2026
-
Brazil: Efficiency, Innovation, and Opportunities in the Food & Beverage IndustryPodcast Episode / Jun 12, 2026
-
2026-2027 Investment Radar for Mexico, Central America & the CaribbeanPodcast Episode / May 29, 2026
-
Innovations Shaping the Next Era of Power GenerationPodcast Episode / May 22, 2026