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THREE MODULAR REFINERIES SET TO BEGIN OPERATIONS IN NIGERIA BY 2019

posted 5 years ago

The
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said there are
strong indications that three out of the 40 planned modular refineries would
come on stream by end of 2019.

Kachikwu
disclosed this at the three-day Biennial International Conference for Health,
Safety and Environment (HSE) organized recently by Department of Petroleum
Resources (DPR) in Lagos.

“Out
of the 40 licenses issued, only 10 have shown progress by submitting their
programmes and putting something on the ground. By end of 2019, we are assured
that three private modular refineries would come on stream,’’ he said.

The
establishment of modular refineries is one of the key policies of the present
Nigerian Government to resolve agitation in Nigeria’s oil-rich Niger-Delta
region. The government hopes to use the modular refineries to stop illegal
refining of crude and also create employment and wealth amongst the host
communities of the Niger-Delta.

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