By Moses Uwagbale
The Edo Government says the on-going Modular Refinery Ologbo in Ikoba -Okha Local Government Area of the state is 70 per cent completed.
Mr Crusoe Osagie, Special Adviser to Gov. Godwin Obaseki on Media and Communication Strategy, on Sunday in Benin that the Edo Modular and Refinery Company Limited and AIPCC Energy, were on the verge of completing the 5500bpd Edo Modular Refinery, now 70 per cent 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 (LGA), would produce from its feedstock 50 per cent of diesel (500,000 litres), 25 per cent of naphta (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.
Osagie said the modular refinery project was among the growing list of ongoing legacy projects through MoU with local and international private investors, which included the 55MW CCTEC Ossiomo Power Plant, which had been completed and ready for use.
He said that work is going on in the Benin Enterprise and Industrial Park and the Benin River Port, for which preliminary works are ongoing.”
He said the governor was committed to resetting the economy of the state for prosperity and industrial growth.
“The local content component of the refinery project ensures 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, post-commissioning.
” The refinery is at 70 per cent completion and we are very sure that it will soon be ready for commissioning.”