The Nigerian Midstream and Downstream Regulatory Authority (NMDRA), has approved a 2,500 barrel per day (BPD) modular refinery in Edo state. The project is financed by the First City Monument Bank (FCMB), Nigerian Content Development & Monitoring Board (NCDMB), among others.
The refinery includes a five-megawatt power plant, a 40-million-SCF gas processing facility, and a data centre, and will become operational in March, all things being equal.
The special assistant to the governor of Edo state for media, said the modular refinery is located in the Energy Park build in Egbokor, Orhionmwon Local government council in the state.
He confirmed that the refinery is being operated by a private company, Duport Midstream Company Limited (DMCL). The park is being built in stages. During the first phase, the 10,000 barrel per day refinery will be built.
Still in the first phase, a 60-million-SCF gas processing facility, a 10-million-SCF compressed natural gas (CNG) facility, a 50-megawatt power plant, and a data centre, will be built.
Speaking during a facility tour, the chief executive officer DMCL, Dr. Akintoye Akindele, said the plant would be ready by the end of March. “When it comes into operation, the facility will leverage infrastructure to deliver energy to the country, reduce reliance on petroleum product imports, create jobs, and ensure optimal utilization of its assets,” he said.
He said in addition to the listed opportunities coming along with the opening of the facility, the youth of Edo will secure jobs.
By Chidi Ekpwerechi