CORAN Summit

About CORAN Summit 2025

CORAN Summit 2025: Refining – Key to Energy Security in Africa

Date: October 6–7, 2025
Venue: Eko Hotel and Suites, Lagos, Nigeria

The Crude Oil Refinery-owners Association of Nigeria (CORAN) successfully hosted the CORAN Summit 2025, a landmark gathering of industry experts, regulators, legislators, professionals, and key stakeholders in Nigeria’s refining and energy sectors.

With the theme “Refining – Key to Energy Security in Africa,” the summit provided an important platform for dialogue on the pivotal role of refining in achieving energy security, driving economic growth, and positioning Africa as a competitive player in the global energy landscape.

High-Power Stakeholders Roundtable Dialogue Breakout Session

A major highlight of the summit was the High-Power Stakeholders Roundtable Dialogue Breakout Session, themed:
“Towards Sustainable Crude Support & Investment Growth in Nigeria’s Refinery Sector.”

This high-level session convened regulators, legislators, and major industry stakeholders to engage in deep, solution-oriented discussions on strengthening crude oil supply mechanisms, improving investment frameworks, and ensuring long-term sustainability within Nigeria’s refinery ecosystem.

Key Focus Areas

Throughout the two-day event, deliberations centered around several strategic areas, including:

Creating an Enabling Regulatory Framework – Establishing policies that foster private sector investment and enhance operational efficiency in the refining industry.
Promoting Modular Refineries – Expanding Nigeria’s refining base to unlock crude oil potential and reduce reliance on imported petroleum products.
Positioning Nigeria’s Refined Petroleum Market for Global Competitiveness – Leveraging technology, innovation, and best practices to make Nigerian refineries globally competitive.

Looking Ahead

Outcomes from the summit are expected to guide policy recommendations, industry reforms, and investment strategies that will strengthen Nigeria’s refining capacity and enhance energy security across Africa.

The Crude Oil Refinery-owners Association of Nigeria (CORAN) remains committed to fostering sustainable growth, advocating for industry-friendly policies, and supporting the development of a robust refining sector that contributes to national and continental energy independence.

– Mathins Obaze
Acting Executive Director and Head of Secretariat
Crude Oil Refinery-owners Association of Nigeria (CORAN)

This summit provides a unique platform to engage with industry leaders, policymakers, and stakeholders shaping the future of Nigeria’s crude oil refining sector.

Expert Discussions and Strategic Networking

The summit featured expert-led panel sessions, technical presentations, and showcases of emerging technologies shaping the refining landscape. Participants exchanged insights on investment trends, operational challenges, and policy interventions necessary to drive growth in the sector.

Building on the success of previous editions, CORAN Summit 2025 reaffirmed its role as a strategic convening platform for collaboration, innovation, and policy alignment within Nigeria’s refining industry.