BUA Refinery Debunks 90% Completion Claim By Reports
BUA Refinery and Petrochemicals in Akwa Ibom State, Nigeria, has debunked some reports in the media claiming that the 200,000 barrels per day refinery is at 90% completion.
This is contained in a statement released on X by the management of the company.
The statement wishes to advise the public to disregard such misleading reports, saying that 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 refinery 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.”
” Our 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 our over 1,000MW installed captive power generation capacity, are also progressing rapidly”
The management advises the public to verify any news through its official channels and platforms in order not to be misled by people whom it described as mischievous.
“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.”
It however appreciates the public’s interest and enthusiasm for the project in working together in building a stronger industrial and manufacturing base for a self-reliant Nigeria.
