FG to refine 300,000 barrel of crude oil daily in modular refineries – NDDC
The Niger Delta Development Commission (NDDC), has revealed that the federal government has finalized plans to refine 300,000 barrels of crude oil daily through the establishment of 10 modular refineries in five of the nine states of the Niger Delta.
Mr. Nsima Ekere, the Managing Director of NDDC said it was historic that privately-owned refineries were finally coming to the Niger Delta through the enabling environment created by the Buhari Administration after nearly two decades of fruitless attempts.
Ekere, who made this known in a New Year message to the President Buhari on Monday, pointed out that “the establishment of the refineries was significant as they were certain to tremendously boost fuel supply in the country with their capacity to refine 300,000 barrels of crude oil per day.”
He also stated that the refineries would create jobs and help ensure peace in the Niger Delta.
The NDDC boss noted with delight that two of the 10 refineries, Amakpe Refinery meant to be located in Akwa Ibom State and OPAC Refinery to be based in Delta State, have their mini-refineries modules already fabricated, assembled and containerised overseas, ready for shipment to Nigeria for installation.
Ekere, who participated in the recent meeting of the Vice President Yemi Osinbajo-led Niger Delta Inter-Ministerial Committee in which the report of the modular refineries was received, also commended the Vice President for his instrumental role in bringing investment, development and peace to the Niger Delta.
He promised that “the NDDC would continue to engage the Federal Ministry of Petroleum Resources and other government agencies to promote positive investment in modular refineries.”
Ekere similarly pledged the commitment of the NDDC to continue in the massive development of the Niger Delta in 2018.