FG Assures Dangote Refinery Of Crude Oil Feedstocks

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Language: en

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00:00:01.939 00:00:01.949 steady and surely column by column lines
00:00:06.450 00:00:06.460 of four lines machine movements man at
00:00:10.020 00:00:10.030 work tons and tons of steel fitted and
00:00:13.680 00:00:13.690 waiting to be fitted and many more on
00:00:16.439 00:00:16.449 the construction work this is the
00:00:19.380 00:00:19.390 dangoty refinery and petrochemical
00:00:21.240 00:00:21.250 complex of scaling on work
00:00:26.230 00:00:26.240 so on this occasion top management of
00:00:29.480 00:00:29.490 the Ministry of Petroleum the NNPC
00:00:31.990 00:00:32.000 lappam's
00:00:33.140 00:00:33.150 Department of petroleum resources and
00:00:35.300 00:00:35.310 all the executives are here to assess
00:00:37.910 00:00:37.920 the project by running a professional I
00:00:40.280 00:00:40.290 led by the Minister for State petroleum
00:00:48.190 00:00:48.200 arguably the busiest project around the
00:00:50.810 00:00:50.820 world seven times the size of Victoria
00:00:53.330 00:00:53.340 Island billions of dollars in
00:00:55.460 00:00:55.470 investments 650 barrels crude oil
00:00:58.399 00:00:58.409 processing daily when completed
00:01:00.530 00:01:00.540 propylene and propane from the
00:01:03.049 00:01:03.059 petrochemical complex a pipeline system
00:01:05.740 00:01:05.750 access road tank storage facilities
00:01:08.840 00:01:08.850 marine terminal a breakwater jetty and
00:01:12.590 00:01:12.600 harbor the project is huge after an
00:01:18.050 00:01:18.060 assessment now - defected from the
00:01:20.810 00:01:20.820 federal government in terms of support
00:01:23.539 00:01:23.549 it will be in the area of feedstock we
00:01:27.230 00:01:27.240 have to discuss with him whether eyes
00:01:28.670 00:01:28.680 gas or crude oil feedstock and optic
00:01:31.370 00:01:31.380 government will guarantee some of these
00:01:33.410 00:01:33.420 things but all this will come out of
00:01:35.389 00:01:35.399 discussions with the president of the
00:01:38.510 00:01:38.520 group even more is the additional
00:01:40.580 00:01:40.590 capacity that is on the way not actually
00:01:44.060 00:01:44.070 we need more we are going to do more we
00:01:45.709 00:01:45.719 are trying to put in some splitter units
00:01:47.569 00:01:47.579 or what we call the connoisseur refinery
00:01:49.099 00:01:49.109 to complement all this total about
00:01:51.469 00:01:51.479 20,000 but as additional capacity we are
00:01:53.690 00:01:53.700 going to add and probably in another
00:01:55.249 00:01:55.259 five years the 650 from the damn coat a
00:01:57.789 00:01:57.799 454 for five from NNPC an additional 200
00:02:00.800 00:02:00.810 us signals in a well above the fondant a
00:02:03.349 00:02:03.359 million barrels capacity processing and
00:02:05.510 00:02:05.520 to the man undertaking this massive
00:02:07.340 00:02:07.350 investment just why is it doing this
00:02:10.540 00:02:10.550 number we believe in Nigeria and number
00:02:14.450 00:02:14.460 two you know that if we don't do it
00:02:16.250 00:02:16.260 ourselves nobody will come down here and
00:02:18.020 00:02:18.030 do it for us you know there's a growth
00:02:20.840 00:02:20.850 in population almost 3 percent annually
00:02:23.240 00:02:23.250 so apart from the this in Nigeria
00:02:26.600 00:02:26.610 supposed to actually fit the end
00:02:29.280 00:02:29.290 West and Central Africa and that's what
00:02:32.490 00:02:32.500 we are trying to do tango to all finery
00:02:35.280 00:02:35.290 is being developed by a holy nigeria own
00:02:37.350 00:02:37.360 company targeted group Olaf Phillips
00:02:40.619 00:02:40.629 Charles television news
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