EditorThe Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) in Ologbo, Ikpoba – Okha Local Government Area, will source crude from the Escravos Line, thw Wso State Government revealed Monday night.
Governor Godwin Obaseki who recently inspected the facility, said the crude sale agreement was being finalised in readiness for production scheduled to begin in August this year.
“What we have left now is to finalise the crude oil sale contract; these facilities have to get a certain type of crude from the Escravos line and that is being finalised. I hope that before the end of August, we should start lifting products from these facilities,”he said.
Obaseki noted that the Department of Petroleum Resources (DPR) had certified the refinery as ready for production. According to him, the plant is fully set to receive products.
The 6000bpd Edo Modular refinery is an initiative of the Governor Godwin Obaseki-led administration, which was facilitated with the release of N700 million as renewable preference shares in the Edo Refinery and Petrochemical Company.
The major products to be sold are Diesel, Naphtha and Low Pour Fuel Oil (LPFO) and work is ongoing to expand the plant to be able to refine at least 20,000bpd.
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