Two modular refineries to begin operations next year – Kachikwu
Two modular refineries in the Niger Delta will commence operations in the next one year, the Federal Government announced on Friday.
The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed these in a podcast that was made available in Abuja.
The minister stated that following several attacks on oil facilities in the Niger Delta for a period of about 10 months, crude oil production dropped to as low as 800,000 barrels per day when the current administration came on board.
In a bid to develop capacities in the Niger Delta and ensure the adequate use of funds invested in the region, the minister said the Federal Government had to set up state technical committees in three states of the region.
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.
Source: The Punch