Edo State, Chinese Consortium Sign MoU On 5,000bpd Modular Refinery

The Governor Godwin Obaseki led Edo State government says it has signed a Memorandum of Understanding (MoU) with a Chinese consortium for the construction of a modular refinery in the state.
The consortium, Peiyang Chemical Equipment Company of China, Sinopec International Petroleum Service Corporation and a Nigerian company, African Infrastructure Partners, will handle the construction of the refinery, with capacity for processing 5,000 barrels of crude oil daily.
According to the Edo state government, the first phase of the project would be ready in 12 months as all the necessary approvals were granted by the regulatory authorities.
According to a statement by the Special Adviser to the Governor on Media and Communication Strategy, Crusoe Osagie, the deal 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 Obaseki, noted that he was pleased with the local content component of the deal, which he said would ensure that Edo citizens were trained in welding and refinery operation.
The Governor said that the training and fabrication works would enable Edo indigenes to participate in the construction of the refinery as well as its operation upon completion.
“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,” Obaseki added.
He gave an assurance that the refinery would provide jobs for the unemployed, adding that the modular refinery would solve the problem of inadequate petroleum products in the country and make Edo the preferred source for such products, considering its status as a gateway state.

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