The Minister of State for Petroleum Resources, Mr Timipreye Sylva, said that the refinery rehabilitation exercise would be completed soon.
He made this known during an interaction with members of the Nigeria Guild of Editors (NGE) in Abuja on Tuesday.
“Apart from the completion of the plant equipment inspection and integrity study conducted since December 2019 as part of the phase one of the Port Harcourt refinery rehabilitation, the Nigerian National Petroleum Corporation (NNPC), on December 1, 2020, opened bids for the engineering, procurement and construction contract for the rehabilitation of the refinery,” he said.
Sylva said that in 2018, the ministry unveiled the Refinery Rehabilitation Roadmap aimed at boosting the country’s local refining capacity and transforming the country from being a net exporter of petroleum products to a net exporter of the commodity.
“Under the Roadmap, the existing refineries were to be rehabilitated, Greenfield Refineries developed and…
Source: Guardian Newspaper
