Economic Biafra:Otti Partners With PETAN To Set Up Oil Refinery in Abia

Abia State Governor, Dr Alex Otti, has assured that his administration will provide the Petroleum Technology Association of Nigeria (PETAN) with the needed support for the proposed establishment of an oil refinery in the state.


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Otti gave the assurance when he received a delegation of the PETAN led by its Chairman, Engr. Wole Ogunsanya, who came to ascertain the possibility of setting up an oil refinery in the state.

Speaking with the chairman, Otti said, “We have some assets that have been identified beyond Ukwa West. Oil activities today in Abia is centered around Ukwa West and I have it on good authority that other areas of the state have reserves that could be harnessed.

“And by the time we have serious players, you begin to explore some of these places around Umunneochi and other places.

“I will like to inform you that we are willing to work with you. We will see how we can partner. We take our partnership very seriously and I want to thank you for identifying us as one of the first states”.

He continued, “If there is any support you need, do not hesitate to reach out to us. I would like to give you timeline so that we won’t just be talking.

“I would like to be briefed every fortnight on how you are doing”, he said.

Meanwhile, the Commissioner for Petroleum Resources, Professor Joel Ogbonna, acknowledged the opportunity will take the state to another level as there are about 100 capped Oil wells yet to be tapped, adding that if realized Abia will be among the top oil players in the world.

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