The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said there are strong indications that three out of the 40 planned modular refineries would come on stream by end of 2019.

Kachikwu disclosed this at the three-day Biennial International Conference for Health, Safety and Environment (HSE) organized recently by Department of Petroleum Resources (DPR) in Lagos.

“Out of the 40 licenses issued, only 10 have shown progress by submitting their programmes and putting something on the ground. By end of 2019, we are assured that three private modular refineries would come on stream,’’ he said.

The establishment of modular refineries is one of the key policies of the present Nigerian Government to resolve agitation in Nigeria’s oil-rich Niger-Delta region. The government hopes to use the modular refineries to stop illegal refining of crude and also create employment and wealth amongst the host communities of the Niger-Delta.

Stay informed with the latest legal developments at Global Law Experts

Join

who are already getting the benefits

Sign up for the latest legal briefings and news within Global Law Experts’ community, as well as a whole host of features, editorial and conference updates direct to your email inbox. Naturally you can unsubscribe at any time.

About Us

Global Law Experts is dedicated to providing exceptional legal services to clients around the world. With a vast network of highly skilled and experienced lawyers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.