Edo Govt, NNPC to Establish 10,000bpd Condensate Refinery
The Edo State Government and the Nigerian National Petroleum Corporation (NNPC) Limited have expressed readiness to partner in the establishment of a 10,000 barrels-per-day condensate refinery in the state.
The refinery, which is expected to be completed within 24 to 36 months, will be sited across Oredo and Orhionmwon Local Government Areas of Edo State.
According to a statement issued by the Chief Press Secretary to Governor Monday Okpebholo, Patrick Akhere Ebojele, the facility, when operational, will produce an estimated 20 truckloads of Premium Motor Spirit (PMS) and 10 truckloads of Automotive Gas Oil (AGO) daily to meet the energy needs of Edo State and surrounding areas.
Governor Okpebholo disclosed this while receiving the Executive Vice President, Downstream, of NNPC Limited, Alhaji Mumuni Dagazia, and his management team during a courtesy visit to Government House. He described the project as a practical demonstration of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
The governor noted that the refinery would stimulate job creation, reduce poverty, and boost industrial development in the state, assuring the NNPC delegation of his administration’s total support for the project.
He further pledged that the state government would provide land, Certificates of Occupancy, security, and other critical logistics required to ensure smooth implementation of the project.
Earlier, Alhaji Dagazia said the condensate refinery was conceived as a sustainable investment that would drive revenue generation, employment, and industrial growth in Edo State.
Also speaking, NNPC’s Chief Downstream Investment Officer, Mr. Ikedichi Dick-Nwoke, said the project would position Edo State as a key energy and industrial hub in the South-South region, while enhancing investor confidence and expanding employment opportunities for residents.
