The 5500bpd Edo Modular Refinery, birthed through a Memorandum of Understanding (MoU) is on the verge of completion by the Governor Godwin Obaseki-led administration.
This was disclosed by the Special Adviser to Edo State Governor on Media and Communication Strategy, Mr. Crusoe Osagie, while speaking to journalists recently in Benin City.
According to Mr. Osagie, the project, which is sited at Ologbo in Ikpoba Okha Local Government Area (LGA), would produce from its feedstock 50 per cent of diesel (500,000 liters), 25 percent of naphta (300,000 liters) and 20 percent of fuel oil (200,000 liters).
He added that the crude will be sourced from the Nigerian Petroleum Development Company’s (NPDC) facility – oil mining lease (OML) 111, near Benin City.
He also revealed that the Chinese consortium handling the construction of the modular refinery is made up of Peiyang Chemical Equipment Company of China (PCC), Sinopec International Petroleum Service Corporation (SIPS) and African Infrastructure Partners (AIP).
Mr. Osagie further explained that the local content component of the refinery project will ensure that Edo citizens are trained in welding, refinery operation and fabrication works to enable them participate in the construction of the refinery as well as its operation, even at post-commissioning.
He said the refinery would facilitate the state’s investment in various initiatives across the oil and gas sector; petroleum exploration, drilling and filling stations, sales and supply of gas, agro-allied products, petroleum and petrochemical products and other related businesses.
The refinery is at 70 percent completion and will soon be ready for commissioning.
Kenneth Onwordi
F.I.C Benin