Saturday, September 18, 2021

Minister Hails PMB Over Brass Petroleum Products Terminal


…Project Will Generate 6,000 Jobs, Says Kyari

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has commended President Muhammadu Buhari for his giant strides in the Niger Delta which is making a huge impact on the people of the area.

Brass petroluem
L-R: The executive secretary, Nigerian Content Development and Monitoring Board, Engr. Simbi Wabote; honourable minister of state, Petroleum Resources, Chief Timipre Sylva; group managing director, Nigerian National Petroleum Corporation, Mallam Mele Kyari at the signing ceremony.

The minister made this known while speaking at a ceremony to mark the execution of shareholders agreement between the Nigerian National Petroleum Corporation (NNPC), the Nigerian Content Development and Monitoring Board (NCDMB) and Zed Energy for the establishment of a 50 million litre Petroleum Products Terminal in Brass, Bayelsa State at the weekend.

The N10.5 billion Brass Petroleum Products Terminal project is expected to deliver an automated 50 million litre depot with two-way product jetty, automated loading bay, and 6 automated tanks for storage of 30 million litres of Premium Motor Spirit (PMS)and 20 million litres of Automotive Gas Oil (AGO) and Dual-Purpose Kerosene (DPK).

“I make bold to say today without any fear of contradiction that no President has impacted the people of the Niger Delta like President Muhammadu Buhari. Aside from what we are witnessing today, remember there is also the Brass Fertilizer & Petrochemical Company, the Oloibiri Oil and Gas Museum and the Oil and Gas Park in Ogbia, all under Mr. President,” he said

Sylva added that the establishment of the terminal further demonstrates Mr. President’s commitment to the enhancement of the livelihood of the Niger Delta people particularly, the riverine communities in Bayelsa State where people purchase products at exorbitant prices due to logistics challenges associated with transporting products to that area.

Speaking shortly after signing the agreement, the group managing director of the NNPC, Mallam Mele Kyari, said the corporation was proud to be part of the project which aside ensuring products availability in all nooks and crannies of the Niger Delta, will also guarantee the nation’s energy security and generate employment.

“This terminal will create 1,000 direct jobs during the construction phase, and over 5,000 indirect jobs during its operation. Considering the potential for employment when completed, this will definitely reduce youth restiveness in the Niger Delta area and will also address the problem of illegal refining in the area,” Kyari stated.

In his remarks, the executive secretary of NCDMB, Simbi Wabote, stated that this milestone was as a result of strong interagency collaboration and public-private sector partnership. “The NCDMB will continue to drive such partnerships across the industry to bring development in Nigeria,” he noted.

A statement by the NNPC group general manager, group public affairs division, Dr. Kennie Obateru, said earlier, the coordinator of the project and group general manager, National Petroleum Investment Management Services (NAPIMS), Mr Bala Wunti stated that the project would enhance the economics of marine petroleum products distribution.

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