‘We’re Creating an Industrial Park’, Isa Tells Visiting Governor - Africa’s premier report on the oil, gas and energy landscape.

‘We’re Creating an Industrial Park’, Isa Tells Visiting Governor

By Maxwell Otumfo, in Owerri

Emeka  Iheadioha became the first host governor and the highest ranking, elected Public Servant to visit the Waltersmith operated Ibigwe field in Imo State last Friday.

“Apart from the Minister of State for Petroleum who did the ground breaking of the refinery, he is the highest public official and the first elected official of his level to visit”, Abdulrazaq Isa, chief executive of Waltersmith, told Africa Oil+Gas Report.

Ihedioha was elected governor of Imo State in March 2019. He took charge of the office at the end of May.

Waltersmith has produced oil from the Ibigwe field for 11 years now and it is one of the largest industrial enterprises in the state, which lies on the eastern flank of the Niger Delta basin.

“We told him we are creating a hub for an Industrial Park and an export free zone”, Isa explained.

Waltersmith is 60% advanced in the construction of a 5,000BSPD crude oil refinery on the Ibigwe field, but that facility is considered, in the company’s planning, as a first phase of an Industrial park which includes a 30,000BSPD crude oil refinery, a power plant and a service hub for manufacturing hydrocarbon related products.

“We have to utilise the hydrocarbon resources we extract from the ground for the good of the country”, Isa says.


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