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Buhari to commission modular refinery in Imo Nov 24

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President Muhammadu Buhari will inaugurate the first phase of a 5,000 barrels per day (bpd) modular refinery, owned by Waltersmith Limited, in Ibigwe, Imo state on November 24, 2020.

A statement released to journalists says President Buhari decided to personally commission the refinery as it is key to his administration’s initiative to boost local refining of petroleum products to end importation and also make Nigeria the refining hub of Africa.

According to Waltersmith, the refinery has a crude oil storage capacity of 60,000 barrels and is expected to deliver about 271 million litres of refined petroleum products, including diesel, kerosene, heavy fuel oil (HFO), and naphtha, per annum to the domestic market and create both direct and indirect jobs particularly within host communities.

Buhari will also perform a ground-breaking ceremony for the 45,000 bpd second and third phases of the refinery.

Timipre Sylva, minister of state for petroleum resources; Hope Uzodinma, governor of Imo state, among other top government officials, oil industry regulators, and stakeholders will join Buhari at the event.


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