The Minister of State for Petroleum Resources, Hon. Timipre Sylva has assured Nigerians that the April 2023 completion date for the rehabilitation of the Port Harcourt refinery was feasible and that the plant would refine 60,000 barrels of crude in the first quater of 2023.
Sylva made this assurance on his visit of the facility, which is projected to gulp $1.5bn. The minister expressed satisfaction at the level of work on the rehabilitation so far.
He said, “This project kicked off second quarter last year and where they are now is quite impressive. It is on schedule”.
“The commitment is to deliver 60, 000 barrels per day from this refinery by first quarter of next year, and, of course, we are quite happy”
He also promised that the Federal Government would put an end to illegal oil bunkering going on in the area, saying perpetuators of these criminal act will not go unpunished.
He, however, frowned at illegal oil refining going on in the Niger Delta which is directly linked to the soot menace around Port Harcourt.
The Minister reassured Nigerians of this administrations commitment on the development of modular refineries that are private sector driven as an alternative to unlicensed and inappropriate refining.