By Prince Okafor
THE Niger Delta Development Commission, NDDC, has indicated interest to invest in modular refinery in order to increase petroleum products supply in the Niger Delta and other parts of the nation.
Consequently, the Managing Director and Chief Executive Officer of the Commission, Mr. Nsima U. Ekere, is leading a strong delegation to this year’s Oil Technology Conference, OTC, in United States of America, to explore partnership opportunities in modular refineries for the Niger Delta region.
Ekere said NDDC is attending the conference as it prepares to implement Federal Government’s proposal to replace thousands of illegal refining facilities scattered across the region with modular refineries.
He stated: “Our participation in this year’s conference is a proactive strategy to fully prepare the region for a new era of downstream operations by small and new players in line with plans by the Federal Government to convert illegal refineries into modular ones.
“We have scheduled meetings and engagements that will enrich our knowledge and open up new partnership opportunities for the benefit of the Niger Delta Region and its people.”
Mr. Ekere also disclosed that the interventionist agency plans to display the works of some young innovators from the region, under the Niger Delta Young Innovators Scheme, at the conference.
The Federal Government had earlier announced plans to replace illegal oil refineries with modular refineries as part of a wider plan for the development of the Niger Delta, and the country’s oil and gas industry.
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu had said that many stakeholders have already indicated interest to participate.