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Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu has denied any plan by Exxon Mobil, operators of Mobil Producing Nigeria to stop operation in the country.

Kachikwu spoke to Journalists in Yenagoa, Bayelsa State yesterday during the Nigeria Oil and Gas Opportunity Fair.

He said: “I’m not aware of Exxon Mobil stopping operations in Nigeria, I’ve not been officially informed, the vice chairman of Exxon Mobil was here in this conference to discuss about their long term plan in Nigeria, but I will obviously engage stakeholders to know if the information is true.”

READ ALSO: US oil giant, Exxon, ready to pull out of Nigeria

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He also expressed the commitment of  his ministry to ensure that modular refineries thrive in the country in order to encourage local manufacturers in the oil and gas sector.

Earlier, the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, reinstated the commitment of the board to drive the policies that will encourage modular refineries in Nigeria as one of the measures to support local manufacturers in the oil and gas sector in the country.

He said the board has the commitment to drive policies of modular refineries to support local manufacturers in the oil and gas sector, because several opportunities abound in the industry.

Wabote said: “In our pursuit to ensure that critical infrastructures are domicile in Nigeria, NCDMB has identified technical capacity development as one of the strategic areas for our ten years development plan.”

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