Nigerian ethanol venture adds 32 Mgy in production capacity; plans exports to Angola, Ghana

Alconi Nigeria announced a new ethanol plant for Calabar in Cross River State. The company recently opened its first facility, in Lagos State, which is producing 14 Mgy, and with the new facility the company expects to increase total production to 47 Mgy. Alconi, a Spanish-Nigerian venture, is producing ethanol for domestic Nigerian consumption, and export to Ghana and Angola.

Nigerian ethanol consumption recently came into focus late last month when Brazilian state oil giant Petrobras, admitted that it expected to miss its 1 billion gallon export target by 88%, blaming in part a shortfall in Nigerian exports owing to lack of infrastructure for ethanol storage. Ghana and Angola have been in the news more of late owing to jatropha cultivation efforts in both countries.

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