FG to refine 1m bpd of petrol by 2014 – Minister

Vanguard

18 October 2011

FG to refine 1m bpd of petrol by 2014 – Minister

Lagos: The Federal Government said on Monday that it would refine more than one million barrels of petrol per day (bpd) by 2014.

The Minister for Petroleum Resources, Mrs Diezani Alison-Madueke, disclosed this at the Society for Petroleum Engineers (SPE) yearly conference and exhibition in Abuja.

Nigeria's Minister of Petroleum Diezani Allison-Madueke

Alison-Madueke said that the nation’s refining capacity would receive significant boost in the next three years with the building of three new refineries.

According to the minister, the turn-around maintenance of the four refineries in the country will be handled by the companies that first built them to ensure efficiency.

“The new refineries and the old ones will actually give us the result that we desire in this country,’’ she said.