Edo, Chinese Firms Reach Agreement On 5,500bpd Modular Refinery

By Ikenga Chronicles January 11, 2018

Edo, Chinese Firms Reach Agreement On  5,500bpd Modular Refinery

The Edo State Government and a Chinese consortium have on Wednesday reached an agreement to build a modular refinery with the capacity to process 5,000 barrels of crude oil daily.

The refinery will be under the care of Peiyang Chemical Equipment Company of China , Sinopec International Petroleum Service Corporation and a Nigerian company, African Infrastructure Partners.

In a statement by the Special Adviser to the Governor on Media and Communication Strategy, Crusoe Osagie, it was disclosed that the first phase of the project would be ready in 12 months as all the necessary approvals were granted by the regulatory authorities.

The deal, according to the statement, came hours after a similar MoU was signed with China Harbour Engineering Company Limited in Beijing for the development of the Gelegele seaport.

Speaking during the signing ceremony at the Sinopec headquarters in Beijing, Governor Godwin Obaseki, noted that the deal would ensure that Edo citizens are trained in welding and refinery operation.

Obaseki stated that the training and fabrication works would enable Edo indigenes to participate in the construction of the refinery as well as its operation.

“With the Federal Government of Nigeria’s commitment to supporting communities in the Niger Delta states to set up modular refineries, the SIPS fabrication yard in Benin is expected to be very busy, handling the fabrication jobs of modular refineries in the Niger Delta region,” he said.

The governor gave an assurance that the refinery would provide jobs for the unemployed, including those being repatriated from Libya.