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Nairaland Forum / Nairaland / General / Politics / Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal (453 Views)
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Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal by quickberry(m): 12:26am On Jan 11, 2018 |
The Edo State Government on
Wednesday said it had signed
a Memorandum of
Understanding with a Chinese
consortium for the
construction of a modular
refinery in the state.
It said that the refinery, with
capacity for processing 5,000
barrels of crude oil daily,
would be handled by Peiyang
Chemical Equipment Company
of China, Sinopec International
Petroleum Service Corporation
and a Nigerian company,
African Infrastructure
Partners.
The government stated that
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, 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 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.
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.
He added 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.
While commending the
investors for showing interest
in the state and its desire to
become a hub of skilled
manpower for the oil and gas
industry and boost Nigeria’s
local content policy. Source: http://punchng.com/edo-chinese-firms-sign-5500bpd-modular-refinery-deal/ |
Re: Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal by Nobody: 7:32am On Jan 11, 2018 |
Good development! |
Re: Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal by alizma: 7:35am On Jan 11, 2018 |
K |
Re: Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal by Jesusloveyou: 8:14am On Jan 11, 2018 |
APC government is working |
Re: Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal by quickberry(m): 8:30am On Jan 11, 2018 |
Jesusloveyou: |
Re: Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal by uwa1(m): 8:39am On Jan 11, 2018 |
I know somebody will say APC government is working.... but the truth is, Godwin Obaseki is working, PMB and d rest are failing... |
(1) (Reply)
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