Gasoline Associates Reaffirms Commitment to Ipokia Refinery Project Despite Delays

Sunday Ehigiator

Gasoline Associates International Limited has reaffirmed its commitment to completing its petroleum refinery project in Ipokia, Ogun State, despite delays that have slowed the anticipated commencement of operations.

The company said the project remains firmly on course, even as it acknowledged that progress has not met earlier expectations due to challenges within the operating environment.

In a statement signed by its Executive Director, Corporate Affairs, Lola Ogunbambi, the firm noted that while the delay has raised concerns among stakeholders, the refinery project is still active and genuine.

“We understand that people expected faster progress and we appreciate the patience shown so far. The project undoubtedly remains on track. The support and commitment we have received are deeply valued,” Ogunbambi said.

She explained that the refinery initiative is a long-term investment and that the company has continued to work steadily behind the scenes, with significant groundwork already completed.

According to her, Gasoline Associates had initially planned to hold a symbolic sod-turning ceremony in the fourth quarter of 2025 to mark the formal start of implementation. However, the event could not take place due to factors beyond the company’s control.

Ogunbambi added that the company is now focused on commencing full-scale on-site activities in 2026, expressing confidence in the eventual delivery of the project.

“We are making steady progress and expect to begin full on-site work in 2026. We remain committed to delivering this project and meeting expectations,” she stated.

The company assured stakeholders that it would continue to provide updates as work progresses and appealed for continued patience as it works through existing challenges.