Obaseki reforms: Two Edo refineries lauded for Innovative Supply Model to Boost Africa’s Crude Refining Output
In the wake of Nigeria’s hydrocarbon industry bottlenecks, two modular refineries in Edo State devised innovative supply channels to break ground and boost productivity, the Hawilti’s African Refineries Report has revealed.
On the back of reforms by the Governor Godwin Obaseki-led administration, Edo transitioned to become a petrochemicals hub supported with incentives by the state government to attract local and international investors.
The State is now home to two operational modular refineries, including the 6000 barrels per day (bpd) Edo Refinery and Petrochemical Company (ERPC) Limited and the 2500bpd Duport Midstream Company Limited.
The two refineries receive crude supply from the Oza oil field operated by Decklar Resources Inc. and Millennium Oil and Gas Company.
According to the Hawilti’s African Refineries Report, “Nigerian modular refineries have managed to navigate the country’s challenging business environments and found ways to secure new feedstock options to run small-scale facilities.
“Both the 6,000 bpd Edo Refinery and the 2,500 bpd Duport Midstream Refinery, for instance, are currently receiving crude oil by trucks from a marginal field in the Niger Delta to support their operations.”
Recall that ERPC recently placed an order of 200,000 barrels of crude from the Oza oil field, as the company ramps up production to meet increased demand from its customers. It majorly produces Diesel, Naphtha and Low Pour Fuel Oil (LPFO).