10-29-2018, 10:31 AM
Two modular refineries for inauguration in Niger Delta December
October 29, 2018 BUSINESS
![[Image: Ibe-Kachikwu-e1519059285576.jpg]](https://guardian.ng/wp-content/uploads/2017/07/Ibe-Kachikwu-e1519059285576.jpg)
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, at the weekend said two modular refineries would be commissioned in Delta and Rivers states in December.
Speaking at the 2018 graduation of the Petroleum Training Institute (PTI) Effurun, he added that government had issued licences for 38 of the facilities currently at different stages of completion.
Represented by a director in the ministry, Mr. Idang Alibi, the minister stated: “As I mentioned during my last visit, the Federal Government is very much interested in constructing modular refineries.
Their development would help to address the perennial shortage of domestic supply of petroleum products, create jobs and stop illegal refining of crude oil and the attendant deleterious impact on the environment. He also disclosed that government was poised to end flaring by utilising and monetising the abundant gas resources in the country.
Kachikwu added that the current administration had redoubled efforts to drive utilisation and commercialisation hence its investment in the nation’s seven critical gas development projects to deliver about 3.4 billion standard cubic feet of the product yearly to bridge the medium-term supply gap by 2020.
He noted that the approval of the Nigeria National Gas Policy last year by the President Muhammadu Buhari government was to ensure the product play its full role to the growth of the national economy.
The policy, according to the minister, is key to the realisation of a full-blown domestic gas market in the country in the future.
He, however, regretted that the nation lacked the critical manpower in the upstream, midstream and downstream sectors of the industry.
Meanwhile, stakeholders have deplored the continued burning of illegal refineries by the military in the oil-rich Niger Delta region.
At the yearly tripartite meeting involving oil companies, Rig/HWU firms and the Department of Petroleum Resources (DPR) in Warri, the players observed that the incineration of confiscated crude and contrivances was not only destroying the delicate ecosystem in the zone but also posing severe health risks to inhabitants.
The Warri Zonal Operations Controller of DPR, Mr. Asuquo Antai Eyo, said the presidency had recently set up a panel to look into the issue and was agreed that the military joint task force should henceforth put an end to the exercise owing to observed health hazards.
He added that it was equally resolved that the stolen content be taken back to the oil firms whose pipelines were vandalised for the scooping.
October 29, 2018 BUSINESS
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, at the weekend said two modular refineries would be commissioned in Delta and Rivers states in December.
Speaking at the 2018 graduation of the Petroleum Training Institute (PTI) Effurun, he added that government had issued licences for 38 of the facilities currently at different stages of completion.
Represented by a director in the ministry, Mr. Idang Alibi, the minister stated: “As I mentioned during my last visit, the Federal Government is very much interested in constructing modular refineries.
Their development would help to address the perennial shortage of domestic supply of petroleum products, create jobs and stop illegal refining of crude oil and the attendant deleterious impact on the environment. He also disclosed that government was poised to end flaring by utilising and monetising the abundant gas resources in the country.
Kachikwu added that the current administration had redoubled efforts to drive utilisation and commercialisation hence its investment in the nation’s seven critical gas development projects to deliver about 3.4 billion standard cubic feet of the product yearly to bridge the medium-term supply gap by 2020.
He noted that the approval of the Nigeria National Gas Policy last year by the President Muhammadu Buhari government was to ensure the product play its full role to the growth of the national economy.
The policy, according to the minister, is key to the realisation of a full-blown domestic gas market in the country in the future.
He, however, regretted that the nation lacked the critical manpower in the upstream, midstream and downstream sectors of the industry.
Meanwhile, stakeholders have deplored the continued burning of illegal refineries by the military in the oil-rich Niger Delta region.
At the yearly tripartite meeting involving oil companies, Rig/HWU firms and the Department of Petroleum Resources (DPR) in Warri, the players observed that the incineration of confiscated crude and contrivances was not only destroying the delicate ecosystem in the zone but also posing severe health risks to inhabitants.
The Warri Zonal Operations Controller of DPR, Mr. Asuquo Antai Eyo, said the presidency had recently set up a panel to look into the issue and was agreed that the military joint task force should henceforth put an end to the exercise owing to observed health hazards.
He added that it was equally resolved that the stolen content be taken back to the oil firms whose pipelines were vandalised for the scooping.