There is an indication that the $50 million modular refinery, located in Ikwe, a sleepy community in Onna local government area of Akwa Ibom State is expected to commence full operation by 2018. A ground breaking and location inspection for the historic refinery in the area was excitedly done by the Akwa Ibom State Governor, Mr. Udom Emmanuel and top executives in the oil and gas sector among the dignitaries in attendance.

The multi-million dollars refinery called Ikwe-Onna Modular refinery, occupying a total of 50.1 hectares of land is said to be a model to boost modular refinery in the country with daily production capacity of 5,000 barrel of oil. Onu, who was represented by Mr. Ini Nya of the Technology Incubation Centre in the Ministry said the approval for the establishment of the refinery in the area was in line with government’s agenda to encourage local contents development in the oil and gas sector.