NNPCL advances Edo refinery plan as three existing refineries remain non-functional

The Nigerian National Petroleum Company Limited, NNPCL, has precocious plans to found a caller refinery successful Edo State aft receiving a Certificate of Occupancy, C-of-O, from the authorities government.

Edo State Governor, Monday Okpebholo, presented the certificate to NNPCL’s Executive Vice President, Downstream, Alhaji Mumuni Dagazau, astatine the Edo State Government House connected Friday.

Dagazau commended Okpebholo for supporting the projected concern successful the state.

On his part, Okpebholo said the issuance of the C-of-O to NNPCL was a deliberate effort to pull investments, grow the state's gross basal and make employment opportunities for residents.

DAILY POST reports that Edo State and NNPCL person sealed a concern for the projected refinery, which volition beryllium located successful Oredo and Orhionmwon Local Government Areas. The task is expected to proviso 20 truckloads of Premium Motor Spirit, PMS, commonly known arsenic petrol, and 10 truckloads of Automotive Gas Oil, AGO, besides known arsenic diesel, daily.

The projected refinery is scheduled for completion wrong 24 to 36 months.

However, advancement connected the projected 10,000-barrel-per-day condensate refinery successful Oredo, Edo State, comes arsenic the Port Harcourt, Warri and Kaduna refineries, with a combined capableness of 445,000 barrels per time (bpd), stay non-functional, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority's, NMDPRA, August fa...