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FG Assures Dangote Refinery Of Crude Oil Feedstocks
WEBVTT Kind: captions Language: en
00:00:00.830 [Music] 00:00:01.93900:00:01.949 steady and surely column by column lines 00:00:06.45000:00:06.460 of four lines machine movements man at 00:00:10.02000:00:10.030 work tons and tons of steel fitted and 00:00:13.68000:00:13.690 waiting to be fitted and many more on 00:00:16.43900:00:16.449 the construction work this is the 00:00:19.38000:00:19.390 dangoty refinery and petrochemical 00:00:21.24000:00:21.250 complex of scaling on work 00:00:26.23000:00:26.240 so on this occasion top management of 00:00:29.48000:00:29.490 the Ministry of Petroleum the NNPC 00:00:31.99000:00:32.000 lappam's 00:00:33.14000:00:33.150 Department of petroleum resources and 00:00:35.30000:00:35.310 all the executives are here to assess 00:00:37.91000:00:37.920 the project by running a professional I 00:00:40.28000:00:40.290 led by the Minister for State petroleum 00:00:48.19000:00:48.200 arguably the busiest project around the 00:00:50.81000:00:50.820 world seven times the size of Victoria 00:00:53.33000:00:53.340 Island billions of dollars in 00:00:55.46000:00:55.470 investments 650 barrels crude oil 00:00:58.39900:00:58.409 processing daily when completed 00:01:00.53000:01:00.540 propylene and propane from the 00:01:03.04900:01:03.059 petrochemical complex a pipeline system 00:01:05.74000:01:05.750 access road tank storage facilities 00:01:08.84000:01:08.850 marine terminal a breakwater jetty and 00:01:12.59000:01:12.600 harbor the project is huge after an 00:01:18.05000:01:18.060 assessment now - defected from the 00:01:20.81000:01:20.820 federal government in terms of support 00:01:23.53900:01:23.549 it will be in the area of feedstock we 00:01:27.23000:01:27.240 have to discuss with him whether eyes 00:01:28.67000:01:28.680 gas or crude oil feedstock and optic 00:01:31.37000:01:31.380 government will guarantee some of these 00:01:33.41000:01:33.420 things but all this will come out of 00:01:35.38900:01:35.399 discussions with the president of the 00:01:38.51000:01:38.520 group even more is the additional 00:01:40.58000:01:40.590 capacity that is on the way not actually 00:01:44.06000:01:44.070 we need more we are going to do more we 00:01:45.70900:01:45.719 are trying to put in some splitter units 00:01:47.56900:01:47.579 or what we call the connoisseur refinery 00:01:49.09900:01:49.109 to complement all this total about 00:01:51.46900:01:51.479 20,000 but as additional capacity we are 00:01:53.69000:01:53.700 going to add and probably in another 00:01:55.24900:01:55.259 five years the 650 from the damn coat a 00:01:57.78900:01:57.799 454 for five from NNPC an additional 200 00:02:00.80000:02:00.810 us signals in a well above the fondant a 00:02:03.34900:02:03.359 million barrels capacity processing and 00:02:05.51000:02:05.520 to the man undertaking this massive 00:02:07.34000:02:07.350 investment just why is it doing this 00:02:10.54000:02:10.550 number we believe in Nigeria and number 00:02:14.45000:02:14.460 two you know that if we don't do it 00:02:16.25000:02:16.260 ourselves nobody will come down here and 00:02:18.02000:02:18.030 do it for us you know there's a growth 00:02:20.84000:02:20.850 in population almost 3 percent annually 00:02:23.24000:02:23.250 so apart from the this in Nigeria 00:02:26.60000:02:26.610 supposed to actually fit the end 00:02:29.28000:02:29.290 West and Central Africa and that's what 00:02:32.49000:02:32.500 we are trying to do tango to all finery 00:02:35.28000:02:35.290 is being developed by a holy nigeria own 00:02:37.35000:02:37.360 company targeted group Olaf Phillips 00:02:40.61900:02:40.629 Charles television news
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