President Muhammadu Buhari commissioned a modular refinery today, 23 November in line with the government’s ambition with it administrative refinery roadmap.
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Disclosing the development via Twitter, Buhari wrote: This afternoon I virtually commissioned the 5,000 barrels per day Waltersmith Modular Refinery in Ibigwe, Imo State, in fulfillment of our Refinery Roadmap. I am pleased to note that work is now commencing on expansion of the capacity of the refinery to 50,000 barrels per day.
We rolled out our administration’s Refinery Roadmap in 2018, with the ultimate goal of making Nigeria a net exporter of petroleum products. The Roadmap has four key elements, namely, Rehabiliation of existing refineries, Greenfield Refineries, Co-location & Modular Refining.
I am delighted that the Waltersmith Refinery is coming on-stream within two years of the commencement of the Roadmap, and after many years of granting licenses for the establishment of modular refineries with nothing to show for it.
A modular refinery is a simplified refinery requiring significantly less capital investment than traditional full-scale refinery facilities. The initial process, or Crude Distillation Unit (CDU) allows for simple distillation of crude oil into low octane naphtha, diesel, kerosene and residual fuel oil.
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