President Buhari To Commission First Phase Of WalterSmith Refinery

President Muhammadu Buhari is billed to commission the first phase of the brand new Petroleum Refinery by WalterSmith Limited this week.

The Presidency made this known through the verified Twitter account on Sunday.

The tweet read: "This week President @MBuhari will Commission the first Phase of a brand new Petroleum Refinery by WalterSmith Limited, located at Ibigwe in Imo State. The @NigeriaGov holds a stake in the Refinery, following an investment by @OfficialNCDMB.

This week President @MBuhari will Commission the first Phase of a brand new Petroleum Refinery by WalterSmith Limited, located at Ibigwe in Imo State. The @NigeriaGov holds a stake in the Refinery, following an investment by @OfficialNCDMB: https://t.co/BMlW8p8gMR

— Presidency Nigeria (@NGRPresident) November 22, 2020

AllNews had last month reported that the Department of Petroleum Resources (DPR) had certified the refinery ready to commence operations.

READ ALSO: Waltersmith Modular Refinery Ready To Commence Operations -DPR

The production capacity of the refinery is put at 5,000 barrels per day (bpd) and has a crude oil storage capacity of 60,000 barrels.

The refinery also has a yearly projection to deliver over 271 million liters of refined petroleum products which consist of diesel, kerosene, naphtha, and heavy fuel oils to the domestic market. 

There is also an expansion plan projected to consists of a 20,000bpd crude oil refinery and a standalone 25,000bpd condensate refinery.