{"id":9485,"date":"2020-11-26T19:44:34","date_gmt":"2020-11-26T19:44:34","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=9485"},"modified":"2020-11-26T19:44:34","modified_gmt":"2020-11-26T19:44:34","slug":"nigeria-buhari-inaugurates-5000-bpd-waltersmith-modular-refinery","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-buhari-inaugurates-5000-bpd-waltersmith-modular-refinery\/","title":{"rendered":"NIGERIA: Buhari inaugurates 5,000 bpd Waltersmith Modular Refinery"},"content":{"rendered":"<div class=\"lead\">\n<p class=\"lead es-text-en\">A 5,000-barrel per day Waltersmith modular refinery in Ibigwe in Imo State in south-eastern Nigeria was on Tuesday inaugurated by President Muhammadu Buhari.<\/p>\n<\/div>\n<div class=\"post-content az-post-content lead\">\n<p>Inaugurating the refinery, which was performed virtually, Buhari said that the advent of such refineries in Nigeria would aid the availability of petroleum products and eliminate importation.<\/p>\n<p>Buhari also performed the ground-breaking ceremony for the phase-two of the project to expand the capacity of the refinery to 50,000 barrels per day.<\/p>\n<p>A statement by the Special Adviser on Media and Publicity to the Nigerian president, Mr. Femi Adesina, said that the establishment of modular refineries was one of the four key elements of the government\u2019s refinery roadmap rolled out in 2018.<\/p>\n<p>The implementation of the initiative, according to the statement, will make Nigeria a net exporter of petroleum products.<\/p>\n<p>President Buhari said that the Waltersmith Refinery was coming on stream barely two years after the launch of the modular refinery roadmap by the federal government and sthat the initiative came on board several years after licences were issued for the establishment of modular refineries without any result.<\/p>\n<p>\u201cFurthermore, there is increased momentum in the other three focus areas under the roadmap covering the rehabilitation of existing refineries, co-location of new refineries and construction of Greenfield Refineries.<\/p>\n<p>\u201dThe realisation of the refinery roadmap will ultimately lead us to becoming a net exporter of petroleum products not only to our neighbouring countries, but to the worldwide market. This modular refinery is the largest commissioned modular refinery in the country today.<\/p>\n<p>\u201dThe role played by the federal government through the Nigerian Content Development and Monitoring Board (NCDMB) in going into collaboration with Waltersmith Refining and Petrochemical Company is novel in concept and superb in delivery,\u201d Buhari said.<\/p>\n<p>Speaking on the expansion plan, President Buhari described the plan to commence the expansion of the capacity of the refinery to 50,000 barrels per day for the refining of crude oil and condensates as an integral part of the economic reforms that the country is undergoing.<\/p>\n<p class=\" aBigClassNameToAvoidCollisionInText\">While looking forward to seeing this new phase completed within the target timeframe, the Nigerian leader said that he had directed the Ministry of Petroleum Resources, Department of Petroleum Resources (DPR), Nigeria National Petroleum Corporation (NNPC) and all relevant government agencies to provide Waltersmith company with all the needed support to access crude oil and condensate feedstock for the timely delivery of the additional capacity.<\/p>\n<div id=\"video\"><\/div>\n<p>He commended the Chairman, Board, Management and Staff of Waltersmith Refining and Petrochemical Limited for their professionalism and focus in getting the project completed.<\/p>\n<p>\u201cGovernor Hope Uzodinma of Imo State and the Minister of State, Petroleum cut the tape on behalf of the President at the event which was also attended by the Group Managing Director of NNPC, Mele Kyari, the Executive Secretary, NCDMB, Engr. Simbi Wabote and the Chairman of WalterSmith, Abdulrazaq Isa,\u201d the statement added.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A 5,000-barrel per day Waltersmith modular refinery in Ibigwe in Imo State in south-eastern Nigeria was on Tuesday inaugurated by President Muhammadu Buhari. Inaugurating the refinery, which was performed virtually, &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-buhari-inaugurates-5000-bpd-waltersmith-modular-refinery\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[7454,8702,8223,1749,8703,8165,8117,2129,8701],"class_list":["post-9485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-department-of-petroleum-resources","tag-dpr","tag-ncdmb","tag-nigeria","tag-nigeria-national-petroleum-corporation","tag-nigerian-content-development-and-monitoring-board","tag-nnpc","tag-refinery","tag-waltersmith","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/11\/NIGERIA-WalterSmith-Modular-Refinery-in-Imo-1.jpg?fit=2048%2C1364&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2sZ","jetpack-related-posts":[{"id":9596,"url":"https:\/\/www.oilnewskenya.com\/index.php\/seplat-signs-crude-purchase-agreement-with-waltersmith-petroman\/","url_meta":{"origin":9485,"position":0},"title":"SEPLAT signs Crude Purchase Agreement with Waltersmith Petroman","author":"","date":"December 23, 2020","format":false,"excerpt":"Seplat Petroleum Development Co. has signed a Crude Purchase Agreement (CPA) with Waltersmith\u00a0 for the supply of between 2000 and 4000 bpd from existing working-interest production from the Ohaji South Field within OML53, for Waltersmith's new 5000 bpd modular refinery at Ibigwe Field, in Imo State. Previously, a third-party Crude\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Seplat-Waltersmith.jpg?fit=680%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Seplat-Waltersmith.jpg?fit=680%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Seplat-Waltersmith.jpg?fit=680%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":10773,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-energy-chamber-salutes-president-buhari-signs-historic-petroleum-industry-bill-into-law\/","url_meta":{"origin":9485,"position":1},"title":"NIGERIA: Energy Chamber Salutes President Buhari Signs Historic Petroleum Industry Bill into Law","author":"","date":"August 18, 2021","format":false,"excerpt":"The long-awaited Petroleum Industry Bill has officially been signed into law, a month after it was voted through by both chambers of the National Assembly. After twenty-years of deliberation and revision, Nigeria\u2019s historic Petroleum Industry Bill (PIB) has officially been signed into law by H.E. President Muhammadu Buhari. The signing\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/President-Buhari.jpg?fit=711%2C470&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/President-Buhari.jpg?fit=711%2C470&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/President-Buhari.jpg?fit=711%2C470&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/08\/President-Buhari.jpg?fit=711%2C470&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10228,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-dpr-denies-revoking-licenses-of-32-petrol-refineries\/","url_meta":{"origin":9485,"position":2},"title":"NIGERIA: DPR Denies Revoking Licenses of 32 Petrol Refineries","author":"","date":"April 15, 2021","format":false,"excerpt":"The Department of Petroleum Resources (DPR) has refuted a report that the regulatory agency for the oil and gas industry revoked the licences issued for the establishment of 32 refinery projects in the country. The report had listed BUA Refinery & Petrochemicals (Akwa Ibom); Southfield Petrochemical & Refinery Ltd (Edo);\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Nigeria-Refinery.jpg?fit=690%2C438&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Nigeria-Refinery.jpg?fit=690%2C438&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/Nigeria-Refinery.jpg?fit=690%2C438&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":12020,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-duport-modular-refinery-ready-end-of-march-ncdmb\/","url_meta":{"origin":9485,"position":3},"title":"NIGERIA: Duport Modular Refinery Ready End Of March\u2013 NCDMB","author":"","date":"March 11, 2022","format":false,"excerpt":"The Duport Modular Refinery financed with equity participation by the Nigerian Content Development and Monitoring Board (NCDMB) will be ready for commissioning by end of March 2022, the Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote has said that. He stated this after he undertook an assessment visit and participated\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Duport-Modular-Refinery.jpg?fit=1024%2C581&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Duport-Modular-Refinery.jpg?fit=1024%2C581&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Duport-Modular-Refinery.jpg?fit=1024%2C581&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Duport-Modular-Refinery.jpg?fit=1024%2C581&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4439,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigerian-australian-companies-dominate-uganda-bids-round\/","url_meta":{"origin":9485,"position":4},"title":"Nigerian, Australian Companies Dominate Uganda Bids Round","author":"","date":"March 7, 2016","format":false,"excerpt":"Three of seven firms that have submitted bids for the next round of licensing in Uganda\u2019s licensing round are from Nigeria according to the ministry of energy. Among the companies include WalterSmith Petroman Oil Limited, Oranto Petroleum International Ltd, Niger Delta Petroleum Resources Ltd \u00a0all from Nigeria as well as\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/Uganda-oil-blocks.png?fit=446%2C628&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10169,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-maire-tecnimont-inks-1-5-billion-contract-with-nnpc\/","url_meta":{"origin":9485,"position":5},"title":"NIGERIA: Maire Tecnimont Inks $1.5 billion Contract with NNPC","author":"","date":"April 6, 2021","format":false,"excerpt":"Maire Tecnimont has announced that its subsidiary Tecnimont S.p.A. has been awarded a contract by the Federal Executive Council to carry out Rehabilitation works for the Port Harcourt Refinery Company Limited, located in Port Harcourt, Rivers State, in Nigeria, which is a subsidiary of Nigerian National Petroleum Company\u00a0(NNPC). The overall\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NNPC-Port-Harcourt-Refinery.jpg?fit=1024%2C415&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NNPC-Port-Harcourt-Refinery.jpg?fit=1024%2C415&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NNPC-Port-Harcourt-Refinery.jpg?fit=1024%2C415&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/04\/NNPC-Port-Harcourt-Refinery.jpg?fit=1024%2C415&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=9485"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9485\/revisions"}],"predecessor-version":[{"id":9488,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9485\/revisions\/9488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9486"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=9485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=9485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=9485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}