Kachukwu Assures Of Functioning Refineries Before 2019 Ending
The Minister of State for Petroleum, Dr Ibe kachukwu, has said the President Muhammadu Buhari-led administration is committed to ensuring that the nation’s refineries became functional by the end of 2019.
Kachukwu stated this on Thursday in Ibigwe-Ohaji in Ohaji\Egbema council area of Imo during the ground-breaking for construction of the 5,000 BPD Modular Refinery by Walter Smith petro-chemical limited.
His words: “It would be sad if by the end of 2019 we are still importing fuel from abroad.
“So, we are committed in repairing the refineries; by that we can at least process about 500,000 barrels of crude per day.
The policy of this administration is to go back to refining about 20 percent of our crude which will move to 50 percent in the next five years.”
The Minister who commended management of Walter Smith for partnering the NCDMB to realize the project said that he was hopeful that in 18 months the modular refinery would be inaugurated.