Categories: Headline News

Warri Refinery To Deliver Fuel Production 1st Quarter Of 2023 As FG Signs MOU With Daewoo Group

“Daewoo Group has massive investments in the automobile, maritime, and other sectors of our economy.

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The  Federal Government has said that the Warri Refinery will deliver fuel production before the first quarter of 2023.

 

Newsonline reorts that President Muhammadu Buhari on Thursday said that the Warri refinery rehabilitation works, when completed, will deliver fuel production before the first half of 2023.

Also: Buhari Gives Water Resources Minister Deadline To Produce Masterplan Against Floods

 

The Special Adviser on Media and Publicity to the President Mr. Femi Adesina, made this known in a statement on Thursday in Abuja.

According to him, President Muhammadu Buhari expressed delight as he witnessed the signing of the Memorandum of Understanding (MoU) between Nigerian National Petroleum Company Ltd and Daewoo Group for the rehabilitation of the Kaduna refinery.

 

He said the president was particularly excited as the signing came against the back of ongoing rehabilitation works at the Warri refinery by the same Daewoo Group of South.

“Daewoo Group has massive investments in the automobile, maritime, and other sectors of our economy.

 

“I am also aware that Daewoo is currently engaged in the execution of the NLNG train seven project and also constructing sea-going LPG vessels for NNPC and her partners.”

“I looked forward to the delivery of ongoing projects, especially at the Warri and Kaduna refineries, and the NLNG Train Seven.

 

“This no doubt will open many more windows of opportunities for Daewoo and other Korean companies in Nigeria, ” Adesina quoted Buhari saying.

Warri refinery to begin full operation December 2023 – Acting MD Warri Refinery

This online media platform recall that the Acting Managing Director, Warri Refining and Petrochemical Company, Mr. Desmond Inyamah, on 17 October, has said the full operation of the refinery would commence in December 2023.

He said this when members of the House Of Representatives Ad Hoc Committee on the State of the Nation’s Refineries visited to inspect the ongoing turn around maintenance of the refinery in Ekpan, Delta State.

 

Briefing the Ad Hoc Committee members on the level of ongoing work, he said the last time maintenance work was done at the Warri Refining and Petrochemical Company was in 2004 and 2005.

Dangote Refinery is 97 Percent Completed – NMDPRA

Meanwhile, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on 12 October, said that the Dangote Refinery project is now 97 percent completed.

 

NMDPRA said this in a tweet while receiving the company’s 2022/2023 work plan on Wednesday.

The authority said the work plan showed that the project is in its advance stages.

 

Farouk Ahmed, chief executive officer, NMDPRA, while speaking at the event, reiterated the importance of the refinery to the country while assuring that the authority will give all necessary support to ensure timely completion and kickstart operations.

 

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