By Mercy Osasogie Ekhator
The management of AIPCC Energy, owners of Edo Refinery has announced an 80,000 barrels per day refinery expansion in Koko, a border town between Edo and Delta States.
This was after the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) concluded its crude distillation assessment on the project.
A statement signed by the Head, Technical Operations, Edo Refinery and Petrochemical Company Limited, Segun Okeni and made available to journalists in Benin City, 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 as diesel, naphtha, and fuel gas, among others.
He added that the company was hopeful that by the time the plant is completed, the upstream regulator would have allocated crude to the refinery through the domestic crude supply obligation.