Abdulazeez Abdulwahab
THE management of BUA Refinery and Petrochemicals Limited, Akwa Ibom State has discountenanced reports in some sections of the media suggesting that the 200,000 barrels/day refinery is at 90% completion,
While describing the report as misleading, BUA Refinery says it did not emanate from the company.
“As we make remarkable strides on our Akwa Ibom refinery project, we are proud to share that construction is progressing steadily. Whilst the Arefinery is not at 90% completion, we are however on track to meet our delivery timelines in collaboration with our partners.
“This BUA Refinery & Petrochemicals project represents a major milestone in strengthening Nigeria’s refining capacity and energy security.”
BUA Refinery further maintains that its other energy projects, including the construction of a mini-LNG plant and several new hybrid power plants across the country to add additional capacity to the company’s over 1,000MW installed captive power generation capacity, are also progressing rapidly.
BUA Refinery advised members of the public to verify any news through its official channels and platforms so as not to be misled by mischievous persons.
“At BUA, we remain committed to transparency and excellence. As we have consistently done with over 12 of our completed mega industrial projects worth over $ 3.5 billion in the past 10 years, we will continue to keep you updated with verifiable and accurate information only where necessary, and as milestones are achieved.
“We appreciate the public’s interest and enthusiasm for this transformative project as we work together in building a stronger industrial and manufacturing base for a self-reliant Nigeria”.
Eighteen-Eleven Media