The management of AIPCC Energy, owners of Edo Refinery, over the weekend announced an 80,000 barrels per day refinery expansion in Koko, a border town between Edo and Delta.
The exciting announcement came after the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) concluded its crude distillation assessment on the project.
A statement signed by Head, Technical Operations, Edo Refinery and Petrochemical Company Limited (ERPCL), Mr Segun Okeni, and made available to journalists in Benin City at the weekend, said the company was expecting to export the first cargo from the refinery by May 2025.
Okeni, listed the by-products of the Koko expansion to include: AGO, HPFO, Naphtha, and Fuel gas, adding that “the company is hopeful that by the time the plant is completed, NUPRC would have allocated crude to the refinery through domestic crude supply obligation.”
The statement reads in part:
“We are pleased to announce the successful factory acceptance test conducted by NDMPRA on the crude distillation column of our 80,000 barrels per day refinery expansion in Koko, Delta State.
“We expect to export our first cargo from the refinery by May 2025. The assessment test was carried out from 18th Sept to 24th Sept 2024.
“The by-products expected from the Koko expansion are AGO, HPFO, Naphtha, and Fuel gas. The Koko expansion project is owned by AIPCC Energy, the owners of Edo Refinery.
“By this time, there would have been mechanical completion and pre start-up safety audit, and commissioning exercise would be completed.” The statement says.
Recall that the regulatory agency (NMDPRA), has earlier issued operational licence to Edo Refinery and Petrochemical Company Limited, Ologbo in Ikpoba-Okha local government area of Edo State.
Issuance of operational licence is the final stage of approval from the regulatory authority which implies that the plant can now fully operate as a refinery.
The regulatory authority Chief Executive Officer, Ahmed Farouk in a ceremony, handed the certificate to AIPCC, the parent company of Edo Refinery and Petrochemical Company Limited (ERPCL).
