…FG says it making plans to become net exporter of fuel
The Minister of State for Petroleum Resources, Timipre Sylva has reassured Nigerians that Federal Government would soon stop importing fuel as plans are structured to strengthen local refineries.
Sylva disclosed this in Yenagoa, capital of Bayelsa State on Wednesday when he visited to inspect an hydro-skimming private modular refinery, Azikel Petroleum Refinery owned by a businessman, Dr. Azibapu Eruani.
Azikel Petroleum Refinery which is 75 per cent completed would contribute to the Federal Government plan of industrialising Niger Delta in its bid to promote economic prosperity for the region and the country at large.
The Minister stated that Azikel refinery has the capacity of refining 12,000 barrels per day. It is aimed at facilitating the refined products including petrol, diesel, aviation fuel and liquefied petroleum gas (LPG).
“The Azikel Refinery is set to actualise the export of refined products from Bayelsa State to other states in the Nigerian federation, with daily production of 1.5 million litres of petrol, 1 million litres of diesel, 500,000 litres of kerosene and aviation fuel, thereby reversing the stigma of Nigeria, the world’s fifth largest producer of crude oil being a net importer of refined products,” Sylva stated.
He also revealed that it was the agenda of President Buhari-led administration to target infrastructural development and job creation in the Niger Delta through the establishment of modular refineries, thus commending Azikel Refinery for the drive to achieve that.
The former Bayelsa State Governor went further appreciate the contributions of the Nigerian Content Development Monitoring Board (NCDMB), Nigeria National Petroleum Corporation (NNPC), Nigeria Agip Oil Company, Total Nigeria, and Shell Petroleum Development Company (SPDC) in helping Azikel Refinery achieve its objectives of contributing to the growth of the country.
While speaking, the President of Azikel Petroleum Refinery, Azibapu Eruani commended the Federal Government for giving the license to build the refinery and promises to make it worthwhile for the country at large.
“The Azikel Refinery is only a subsidiary that genuinely mirrors the patriotism and innovations of the Azikel Group,”