Home Business FG says more modular refineries coming soon

FG says more modular refineries coming soon

- Advertisement -

The Federal Government says it expects more modular refinery operators who obtained licence to begin operations soon.

Mr Ahmad Shakur, Acting Director in the Department of Petroleum Resources (DPR), made this known while inspecting a modular refinery – the Niger Delta Petroleum Resources (NDPR) – facilities on Friday in Ahoada, Rivers.

- Advertisement -

Shakur said the Federal Government was passionate about the success of modular refineries in the nation’s oil and gas industry.

“To this end, we are expecting more modular refineries to take off soon.

“Many of them had been given licence to operate, and so with what is happening in NDPR it will put pressure on those given license to begin operation,” he said.

Shakur disclosed that NDPR was the first marginal operator, first to acquire licence for modular refinery and the first to commence production.

“The refinery started production with 1,000 barrels of oil per day (bpd) and it is currently producing 6,000 bpd.

“NDPR intends to move production further to 11,000 bpd which will add a lot of value and backward integration in the oil and gas industry.

“We intend to make the firm a reference point for other marginal operators to follow,” he said.

The director said in spite of the recent protest by some community members demanding participation in the refinery, NDPR had so far maintained good relationship with its host community.

Addressing staff at the DPR office in Port Harcourt, Shakur said the department had recently improved surveillance to curb illicit activities by some petroleum marketers.

“We intend to keep the tempo going all through the year until we reduce the unwholesome practice to the barest minimum.

“I can assure that those who commit acts of infractions against the extant rule in the petroleum industry will be brought to book,” he said.

Newsmen report that the department had in the last few months sealed off over 33 filling stations in Port Harcourt caught under-dispensing, over-dispensing and operating without valid licence, among other crimes.

alltechng
Technology is making life more meaningful, improves productivity... We are tech lovers...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

how to move Google Authenticator

As you set up your new phone, transferring apps, email accounts, contacts and calendar entries, don't forget to set up Google Authenticator, the app...

EBSU 2019/2020 4th Supplementary Admission List is Out

The EBSU 4th Supplementary Admission List for 2019/2020 academic session has been made available on the school's website. Candidates who applied for supplementary admission to the...

Characteristics of smartphone Oppo Reno 3 5G

The Oppo Reno 3 5G smartphone with the model number PDCM00 appeared in the base of the Chinese regulator TENAA. Thanks to this, the characteristics...

Google Pixel 4 earns 5th position in DxOMark’s audio ranking

After getting a comprehensive review of the camera, the Google Pixel 4 now has a thorough assessment of its audio recording and playback capabilities....

Introducing Motorola razr 2019. Smartphone of the future?

The most memorable smartphone of the year? Unexpectedly, but this is Motorola Razr ! The brand has revived the famous clamshell range, but with modern chic. The novelty should...