The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has revealed that the two new refineries in Edo State are poised to contribute to Nigeria's 1.5 million barrels of daily refining capacity

Wabote revealed this at the third Biennial International Conference on Hydrocarbon Science and Technology, organized by the Petroleum Training Institute. The two refineries have reportedly ordered 300,000 barrels of crude oil from the Oza oil field and currently produce diesel, naphtha, and Lour Pour Fuel Oil.

According to a Punch report, the Edo Refinery and Petrochemical company runs the 6,000 barrels per day plant in Ologbo, Ikpoba, Okha LGA, and Duport Refinery, located in the Egbokor area of the state, is part of the integrated park.

The Edo Refinery was financed via a N700 million investment by the government of Godwin Obaseki in 2019 and expanded to 12,000 barrels per day capacity.

NCDMB reportedly has stakes in the Duport Refinery and is devoted to the facility's expansion. "If all plans go well, Nigeria will meet the target of 1.5 million bpd by 2025 through the various refining investments such as the 650,000 barrels per day Dangote refinery and the Bua Group refinery project," Wabote said.

The NCDMB boss listed Waltersmith modular refinery, Duport Midstream refinery, OPAC Refinery, Edo Refinery, Aradel Holdings Refinery, and the 445,000 barrels per day Kaduna and Port Harcourt refineries as projects that would help Nigeria to hit the 1.5 million barrels per day refining capacity goal. "The realization of these projects would culminate in Nigeria achieving a combined refining capacity of approximately 1.5 million barrels per day by 2025," Wabote added.

https://www.legit.ng/business-economy/energy/1561281-two-refineries-production-edo-places-orders-300000-barrels-crude/

Hehehe

That’s commendable

Only one region is barren in Nigeria.

God bless the SW, SS, North & MB

Interesting






Wittyness.

Fake news.

Edo State no get refinary. The modular refinary in Olobo is a privately owned refinary and it has not licence to operate yet.

accordadoga29:
Hehehe

That’s commendable

Only one region is barren in Nigeria.

God bless the SW, SS, North & MB

LOL. Early morning nonsense. Barren based on oluwole statistics? Stop mentioning SS. We're not interested in your famzying.

Typing:
Fake news.

Edo State no get refinary. The modular refinary in Olobo is a privately owned refinary and it has not licence to operate yet.

Shane U just want the man to fail. But unfortunately the man has completed a project that your APC could not even start in 8 years. Hide your face with your yeye Dangote and APC audio refinery.

accordadoga29:
Hehehe

That’s commendable

Only one region is barren in Nigeria.

God bless the SW, SS, North & MB

Abi.
It takes a barren to know one!

The only thing I commend that shit looking face Obaseki for is his refinery and the deepsea port project


.

Cruise777:



The only thing I commend that shit looking face Obaseki for is his refinery and the deepsea port project


.

shatap
you'll praise him if he's Apc
oyooooo aaaahhhhh mmmmmmm
hooooooooo
tapum tapum tapum

I hope these could bring down the fuel pump price, but in Nigeria any price that went is gone forever

It’s not easy to lead if you are a good man but a bad man will always want to get the job of leadership. Check the life of the people afterwards. Oba has good plans but…..

No pictures, location etc. Hope this isn't a fake news

misano:



Shane U just want the man to fail. But unfortunately the man has completed a project that your APC could not even start in 8 years. Hide your face with your yeye Dangote and APC audio refinery.

Where is the project?

God bless Obaseki