QUICK LINKS

×
  • Oil & Gas - News
  • Updated: June 26, 2021

Ologbo Modular Refinery Ready For Production - Governor Obaseki

Ologbo Modular Refinery Ready For Production - Governor Obas

(Photo Credit: Nigerian obsrever)

Gov. Godwin Obaseki of Edo, says the modular refinery in Ologbo, Ikpoba – Okha Local Government Area (LGA) of the state is ready for production.

Obaseki stated this shortly after he was conducted round the facility by the Managing Director of the refinery, Tim Tian.

“We were in China to sign this Memorandum of Understanding (MoU). I am very impressed that work has moved at such a speed in spite of the delay caused by the COVID-19 pandemic.

“The plant is ready to receive crude oil; it is ready to process and it is ready to deliver products. They have done the pre-commission with the Department of Petroleum Resources, they have certified the refinery.

“What we have left now is to finalise the crude oil sale contract, these facilities have to get a certain type of crude from the Escravos line and that is being finalised.

“I hope that before the end of August, we should start lifting products from this refinery,” he said.

Also speaking, the Traditional Ruler of Ologbo community, Owen Akenzua, expressed happiness about the facility.

“My people are excited that such a project will go a long way in improving the socio-economic development for our community.

“The governor has this project dear to his heart, not only this project, the power plant is also situated in Ologbo.

“The OSSIOMO Power Plant is capable of generating power for the immediate environment and the state at large, we are glad that this project is sited here,” he said.

Tim Tian, the Managing Director of the Ologbo modular refinery, commended the governor for his efforts towards actualising the project.

Tian, who agreed the outbreak of the COVID-19 pandemic had affected the project, however, said that the facility was ready for production.

Related Topics

Join our Telegram platform to get news update Join Now
Lawrence Agbo
Lawrence Agbo

Lawrence is a vibrant digital journalist that loves creating SEO-focused content that drives busines...

More From this Author

LOCAL OIL PRICES

AGO - Diesel

786.88 per litre 250.61

Last: 224.43 | Monday 31, October 2022

PMS - Petrol

167.5 per litre 10.52

Last: 151.56 | Monday 31, October 2022

LPG - Propane Gas

4250 per litre 113

Last: 1995.35 | Monday 31, October 2022

DPK - Kerosene

809.52 per litre 147.61

Last: 326.93 | Thursday 20, October 2022
More Details

0 Comment(s)

SPONSORED

See this post in...