The Edo State government has said the ongoing Modular Refinery project at Ologbo in Ikpoba-Okha Local Government Area of the state will drive the state’s quest for an industrial revolution when it comes on stream.
Mr Crusoe Osagie, Special Adviser to Governor Godwin Obaseki on Media and Communication Strategy, made this known in a statement made available to the News Agency of Nigeria (NAN) in Benin on Sunday.
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He said the Edo Modular and Refinery Company Ltd and AIPCC Energy were on the verge of completing the 5,500bpd Edo Modular Refinery, now at 70 percent completion stage.
“This is a key legacy project by the Governor Godwin Obaseki-led administration to recalibrate the state’s industrial base, birthed through a Memorandum of Understanding (MoU).
“The project, sited at Ologbo in Ikpoba Okha Local Government Area, would produce from its feedstock 50 percent of diesel (500,000 litres), 25 percent of naphtha (300,000 litres) and 20 per cent of fuel oil (200,000) litres.
“The crude is to be sourced from the Nigerian Petroleum Development Company’s (NPDC) facility – oil mining lease (OML) 111, near Benin City.
“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),” he said. (NAN)
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