The federal government has said that the Warri refinery will commence production of fuel before the first half of 2023.
This is following the ongoing rehabilitation works at the oil facility in Delta State.
In a statement on Thursday in Abuja, the Special Adviser on Media and Publicity to President Muhammadu Buhari, Mr. Femi Adesina said the President is delighted over the signing of the Memorandum of Understanding (MoU) between Nigerian National Petroleum Company Ltd and Daewoo Group for the rehabilitation of the Kaduna refinery.
According to him, President Buhari was particularly excited as the signing came in tandem with the ongoing rehabilitation works at the Warri refinery by the same Daewoo Group.
Adesina quoted Buhari as saying, “Daewoo Group has massive investments in the automobile, maritime, and other sectors of our economy.
”I am also aware that Daewoo is currently engaged in the execution of the NLNG train seven project and also constructing sea-going LPG vessels for NNPC and her partners.”
“I looked forward to the delivery of ongoing projects, especially at the Warri and Kaduna refineries, and the NLNG Train Seven.
”This no doubt will open many more windows of opportunities for Daewoo and other Korean companies in Nigeria”
