The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Wednesday announced the granting of an additional 5,000 barrels per day licence to Waltersmith located in Ibigwe, Imo State.
In a statement on its X handle, the midstream and downstream regulator stated that the approval was granted in phase two of the plant’s development, but noted that the next phase will begin in 2025.
The modular refinery with a 5,000 barrels per day production capacity achieved under the Phase1 development, had been undergoing expansion to 10,000bpd with a target to further ramp up the capacity to 40,000bpd in the shortest possible time.
“Today, the Authority granted a License to Construct (LTC) of Phase 2 to Waltersmith Refining and Petrochemical Company Limited.
“Authority Chief Executive, Farouk Ahmed, stated that Waltersmith operates a topping plant refinery in Ibigwe, Imo State,-with a capacity of 5,000 barrels per stream day (BPSD). This plant produces AGO, DPK, HPFO, and Naphtha.
“The refinery is expected to be commissioned by Q3 2025, and that the refinery plans to expand to Phase 3 immediately after,” he stated.
It also quoted Waltersmith’s Managing Director, Muhammad Musa,as highlighting that the milestone will allow Waltersmith to double its current capacity.
Musa expressed gratitude to both the Waltersmith and NMDPRA teams for their support and noted that the achievement reflects the government’s confidence in their capabilities.
“ The company assures Nigerians of its dedication to finding new ways to contribute value to the country,” the NMDPRA noted in the message.
Meanwhile, the federal government has inaugurated the Technical Working Group (TWG) for the National Gas Expansion Programme (NGEP), National Directorate of Employment (NDE), and Association of Local Governments of Nigeria (ALGON) power project to oversee the utilisation, implementation and establishment of Gas Power Projects in local government areas across the nation.
In his remarks at the inauguration ceremony in Abuja, Permanent Secretary in the Ministry, Nicholas Ella highlighted NDE’s strong focus on vocational skills development programme, a core mandate that aligns with NGEP’s Gas-preneurship initiative
He explained that the Gaspreneurship initiative, developed by NGEP, encompasses the art and science of all aspects of the gas value chain, including exploration, production, transmission, and distribution.
The TWG will drive the implementation of this initiative, fostering collaboration among NGEP, NDE, and ALGON to promote gas-based economic development and job creation in local communities.
“The comprehensive training component covers:- Entire gas streams and operating principles- audit of machinery and equipment types and capacity for suitable system installation and calibration,” he stated.
The gaspreneurship Initiative would conclude with the provision of starter packs, including diagnostic tools and equipment, and identification of appropriate workshops and business incubation centres in local government areas nationwide and this would enable trainee gaspreneurs to become employers of labour upon graduation, he added.
The Terms of Reference (ToR) for the NGEP, ALGON and NDE TWG include: To identify clear areas of intervention along the gas value chains that can transform the socio-economics of the LGAs; design a simple energy (power and transportation) audit template for determining the energy requirements of the LGAs as well as design a selection criterion for LGAs to participate in the various phases of the implementation of these initiatives, among others.
Membership of the Technical Working Group (TWG) which were drawn from the Ministry of Petroleum Resources, NDE and ALGON comprise of Chairman of NGEP, Prof. M. M. Ibrahim, Assistant Director (Information) Mr. Christopher Ugwuegbulam, among others.
Emmanuel Addeh
Follow us on:
Chen Jinping has admitted to conspiring with the Chinese government to create an undeclared police…
Sean “Diddy” Combs has appeared in court facing serious charges, with a trial date set…
Confidence Macharry, Security Analyst has emphasised restoring traditional dispute resolution and enhancing governance to reduce…
Tanimu Yakubu has outlined structural reforms, including personnel changes and enhanced monitoring, to improve 2024…
DG Budget office Yakubu urges Nigerians to embrace tax reforms, emphasising that change could lead…
The US Senate has passed a defence bill that boosts troop pay and includes measures…
View Comments
on now at ogun state command givenopportunity to get a car of your choice at a minimum priceN. C. S
AUCTION PHONES AT CHEAPER RATE AND AFFORDABLE PRICE ITEL PHONES, NOKIA LUMIA, TECNO PHONE, INFINIX, IPHONES, HTC, IG PHONES, SAMSUNG GALAXY, LENOVO, MOTOROLA, OPPO PHONE,SONY EXPERIA, GIONEE. E. T.C AND MANY OTHERS.
BAGS OF RICE,VEGETABLE OIL, AND BAGS OF CEMENT FOR SALE IN A CHEAP AND AFFORDABLE PRICE.
BAG OF RICE -50kg.₦25,000
GALLON OF VEGETABLE OIL -25LTR.₦18,500
BAGS OF CEMENTS-/₦5,500
BUYER SHOULD CALL O8O__6739__9O9O WHATSAPP ME ON O8O__6739__9O9O
THE NIGERIA CUSTOMS RECRUITMENT FORM AND REPLACEMENT SLOT FORM ARE ALSO AVAILABLE FOR SALES.
THE LISTED VEHICLES AND THE AUCTION PRICES ARE:-
Golf2=₦350,000
Golf3= ₦450,000
Golf4= ₦550,000
Toyota Camry Tiny light= ₦750,000
Toyota Camry big Daddy= ₦1.2M
Toyota muscle= ₦1.8m
Toyota Corolla= ₦1.2M
Toyota Yaris= ₦650,000
Toyota Matrix= ₦850,000
Toyota Picnic= ₦1.1M
Toyota Sienna= ₦1.3M
Toyota Rav4= ₦1.5M
Toyota Highlander= ₦2.2M
Honda Baby Boy= ₦780,000
Honda Accord EOD= ₦950,000
Honda City= ₦750,000
Honda Crosstour= ₦2.8M
Honda CR-V= ₦1.4M
Honda Odyssey= ₦850,000
Honda Pilot= ₦1.3
Lexus GX460=₦6.6M
Lexus GX470=₦8.4M
Lexus GX570=₦13.8M
Lexus IS-250=₦2.1M
Lexus ES-330=₦1.5M
Lexus ES-350=₦2.6M
Lexus RX300= ₦1.5M
Lexus RX330= ₦2.8M
Lexus RX350= ₦3.2M
Acura RDX=₦3M
Acura RSX=₦2.8M
Acura TSX=₦2.6M
Acura ZDX=₦3.2M
Acura MDX= ₦2.4M
Mercedes-Benz C-Class= ₦950,000
Mercedes-Benz E-Class= ₦1.1M
Mercedes-Benz GLK= ₦4.5m
Mercedes-Benz ML320= ₦850,000
Mercedes Benz ML330= ₦1.8M
Mercedes-Benz ML350= ₦5.2M
Nissan pathfinder= ₦1.9M
Nissan Altima= ₦820,000
Nissan Armanda= ₦3.2M
Nissan Maxima= ₦600,000.e.t.c.
NOTE�: YOU ARE ALLOWED TO PAY FOR THE CUSTOM DUTIES AND CLEARANCE BEFORE THE DELIVERY, WE DO NATIONWIDE DELIVERY. KINDLY CONTACT THE SALE'S DEPARTMENT IN-CHARGE VIA CALL ON O8O__6739__9O9O WHATSAPP ON O8O__6739__9O9O
THANKS FOR PATRONIZING US.
Bags of cement #3,500
Delivery cost is #1,000O8O__6739__9O9OVEHICLES ARE SLIGHTLY NEGOTIABLE〽WE COMMENCE DELIVERY WITHIN 36 STATE IN NIGERIA