Minister commends plan to replace illegal refineries with modular refineries

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Minister Commends Plan to Replace Illegal Refineries with Modular Refineries

The Minister of State for Petroleum Resources, Mr. Timipre Sylva, has commended the plan to replace illegal refineries with modular refineries in the country. The minister made this statement during a meeting with stakeholders in the oil and gas industry.

According to the minister, the plan to replace illegal refineries with modular refineries is a step in the right direction, as it will help to reduce the environmental impact of illegal refining activities and also increase the country's refining capacity.

Modular refineries, which are smaller and more efficient than traditional refineries, are designed to process a smaller volume of crude oil and produce a range of petroleum products, including gasoline, diesel, and jet fuel.

The minister also emphasized the need for the government to provide support to the modular refinery operators, including access to funding and other resources, in order to ensure their success.

The plan to replace illegal refineries with modular refineries is part of the government's efforts to revamp the country's oil and gas industry and increase its refining capacity. The government has also announced plans to invest in the development of new refineries and the upgrade of existing ones.

Overall, the minister's comments are a positive sign for the oil and gas industry in Nigeria, and suggest that the government is committed to finding innovative solutions to the country's energy challenges.