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Home Business & Economy

FG says Modular refinery programme on course, to commission some more soon  – Sylva

by Admin
August 24, 2021
in Business & Economy, National News
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Timipre Sylva

Minister of State for Petroleum Resources, Mr Timipre Sylva

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Aug. 24, 2021

The Minister of State for Petroleum Resources, Chief Timipre Sylva says the modular refinery programme to boost local production of crude oil in the country is on course.

Sylva disclosed this in an interview with the News Agency of Nigeria (NAN), in Abuja, on Tuesday.

He said that federal government had licensed a good number of modular refineries and some of them had already started operating effectively.

“Modular refineries, we have licensed quite a bit. I am not in a position to give you an exact figure now but I know that the few of these refineries are under construction and very soon, they will be commissioned.

“You know that last year, we commissioned the Waltersmith which is functioning well and since then I have also laid foundation stone for Atlantic refinery and there is Niger Delta own that is ongoing, one almost ready to be commissioned in Port Harcourt and there are quite a few.

That programme is on course,’’ he said.

The Minister said that the WalterSmith Petrochemical Refining Company with 5000 barrels per day are currently producing very comfortable and had no problems.

“The Atlantic is not finished yet, they are very much on course to finish construction by first quarter of next year and there are others that are ongoing,’’ he said.

The Department of Petroleum Resources (DPR) said that Federal government had as at March 2021 licensed about 23 refineries in the country

Some of the refineries are Waltersmith Refining & Petrochemical Company Limited with 5000 barrels per day (BPD), OPAC Refineries,, Niger Delta Petroleum Resources (Train 3), Edo Refinery and Petrochemical Company limited and Lowrie Refinery Limited .

Other licensed refineries include: Excel Refinery Limited in Bayelsa state, Conodit Refinery Nigeria Limited, Duport Midstream, Duport Midstream in Delta State,Clairgold Oil & Gas Engineering Limited, Ogini Refinery Limited, Etopo Energy Plc and Gasoline Associates International Limited,

Also, NPDC/ND WESTERN OML 34 JV, Frao Oil Nigeria Limited, Kingdom Global Trading Petroleum & Gas Nig. Ltd. Resource Petroleum & Petrochemicals International Incorporated, Gazingstock Petroleum Company Limited and Amakpe International Refineries Limited.

Atlantic International Refineries and Petrochemical Limited, Azikel Petroleum Limited, Allegiance Energy and Power Limited, Alexis Refinery Limited and Dangote Oil Refinery Company were among the licensed refineries

The 23 refineries, waltersmith Refining and Petrochemical company had completed construction and has been commissioned by President Muhammadu Buhari, OPAC refinery has completed Construction and Plant at Commissioning Stage while Niger Delta Petroleum Resources has also completed Construction completed and Commissioning ongoing.

Also, the Dangote oil refinery company plant overall Installation has gone above 80.3 per cent and Edo refining and Petrochemical company has completed Construction and Plant at Commissioning Stage. (NAN)

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Tags: Alexis Refinery LimitedAllegiance Energy and Power LimitedAmakpe International Refineries Limited. Atlantic International RefineriesAzikel Petroleum LimitedClairgold Oil & Gas Engineering LimitedConodit Refinery Nigeria LimitedDangote Oil Refinery CompanyDuport MidstreamEtopo Energy Plc and Gasoline Associates International LimitedExcel Refinery LimitedFrao Oil Nigeria LimitedGazingstock Petroleum Company LimitedKingdom Global Trading Petroleum & Gas Nig. Ltd. Resource Petroleum & Petrochemicals International IncorporatedNPDC/ND WESTERN OML 34 JVOgini Refinery LimitedPetrochemical LimitedTimipre Sylva
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