As part of the Niger Delta New Vision of President Muhammadu Buhari administration, two modular refineries in Niger Delta region are expected to be inaugurated by the end of this year.
OPAC Refinery, Umuseti, Delta State
Two modular refinery projects have commenced construction out of the 10 licensed projects identified for possible groundbreaking. They are the: Niger Delta Petroleum Resources – Establishment of additional 10,000bpd Modular Refinery in Ogbele, Rivers State; OPAC Refineries – to establish 7,000bpd refinery in Umuseti-Kwale, Delta State (phase one). Another refinery, WalterSmith (Petroman) – to Establish 5,000bpd refinery in Ibigwe, Ohaji, Imo State – is expected to come on board in the near future.
Niger Delta Petroleum Resources (NDPR) Refinery, Ogbele, Rivers State
The key objectives of establishing modular refineries in the Niger Delta region include the following:
- To promote availability of petroleum products in the country and boost economic development nationwide,
- To promote socio-economic development and provide jobs for unemployed youths in the region, thereby sustaining peaceful coexistence in the Niger Delta,
- To increase local content in Region,
- To mitigate and eliminate negative environmental degradation associated with illegal refinery activities, crude oil theft and pipelines vandalism.