Buhari Commissions Oil Refinery To Process 5,000 Barrels A Day

Buhari Commissions Oil Refinery To Process 5,000 Barrels A Day
Buhari

President Muhammadu Buhari on Tuesday inaugurated a medium-sized refinery in Ibigwe, Imo State.

The Ibigwe refinery will process 5,000 barrels a day, the president said on his Twitter account.

The president launched the refinery online and said work would begin on expanding the plant to produce 50,000 barrels a day.

Also Read: 2020 Finance Bill Exempts Minimum Wage Earners From Tax: Buhari

According to Waltersmith, the refinery has a crude oil storage capacity of 60,000 barrels and is expected to deliver about 271 million litres of refined petroleum products, including diesel, kerosene, heavy fuel oil (HFO), and naphtha, per annum to the domestic market and create both direct and indirect jobs particularly within host communities.

He wrote on Twitter:

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here