By Yunus Yusuf/Lagos
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said that three out of the 40 planned modular refineries would likely come on stream by end of 2019.
Kachikwu disclosed this at the three-day Biennial International Conference for Health, Safety and Environment (HSE) organised by Department of Petroleum Resources (DPR) in Lagos on Monday.
“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 minister said that the conference was a forum for pooling ideas and research findings for the incubation of enduring and game-changing oil and gas policy initiatives.
“Perhaps this edition of the conference could not have come at a better time, first to allay the popular fear that the days of…
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