FG Says Two Modular Refineries To Begin Operations In 2019
Minister of State for Petroleum Resources Ibe Kachikwu revealed this on Wednesday in Abuja.
According to Kachikwu, “We came up with the concept of what to do with the illegal refining that was going on in the region and we developed the modular refinery concept.
“To date, we’ve targeted development and have approved 10 of those; two are basically on land and are under construction, and hopefully within the next one year, we will be able to deliver real results. We are also pushing for the other eight.”
He noted that his team had visited the two modular refineries, saying that “the additional eight are basically getting ready for completion and financing.”
In addition, he said, “I have gone ahead to set up state technical committees. And the whole idea is to look at what oil is produced in a state, what volumes are available, what opportunities for economic empowerment are there and what are the burning issues in those areas.
“These technical committees have been launched in three states, Edo, Delta and Imo, and we are looking to complete that whole process.”
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