BUA Group has disclosed that its 200,000 barrels per day refinery in Akwa Ibom is not almost completed.
Gatekeepers News reports that the management made the disclosure in a statement on Sunday, in reaction to claims that the refinery is 90 per cent completed.
The company noted that the construction is progressing steadily and it will meet up with the delivery timeline.
The group said, 0Whilst 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 public is advised to verify any news through our official channels and platforms so as not to be misled by mischievous persons.”
The company noted that over $3.5 billion worth of mega industrial projects have been completed within the past decade.
It said, “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.”
BUA Group appreciated the public for their interest and enthusiasm towards the refinery.
