Obaseki assures support for Duport energy park

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Obaseki assures support for Duport energy park

The Edo State Governor, Godwin Obaseki, on Monday, promised his support after inspecting the Duport Energy Park promoted by the Nigerian Content Development and Monitoring Board and Duport Midstream Company Limited in Orhionmwon Local Government Area of the state.

A statement said the Energy Park has 10,000 barrel-per-day refining capacity, a 50 megawatts plant capacity, a 60m scf gas processing plant and over 100 RAM data bank centre.

According to the statement, the facility on the back of ease of doing business reforms by the Obaseki-led administration is the second refinery completed in the state, following the 6000bpd Edo Refinery constructed by AIPCC Energy Limited and Peiyang Chemical Equipment Company Limited.

It stated that the governor was accompanied on the inspection by the Commissioners for Communication and Orientation, Chris Nehikhare, Roads and Bridges, Newton Okojie, and Oil and Gas, Ethan Uzamere, among others.

Obaseki who was taken round the facility by the Chairman of the company, Akintoye Akindele, said, “We are excited and pleased because all our memorandum of understanding are becoming a reality and I am here to personally see the progress of work here in this facility after my presentation to investors in Lagos State last week.

“As a government, we are here to witness another breakthrough and a major leap in terms of investment in the state.

“We reiterate our support for what you are doing here, as this project is one of a kind and we will give it 100 per cent backing. This is the first Energy Park in Nigeria and the continent.

“Due to the benefits and advantages that we have in Edo State to have onshore oil and gas production, we are now attracting investors to utilise that production locally. Our goal is that every drop of crude oil and gas produced in Edo State is used here for our national development rather than exporting it.

“The idea of this park is to bring in all the production of adjoining oil and gas fields; the oil is separated and refined to other products while the gas used and processed for electricity generation and sale. In a matter of a few months, we have to deregulate; that means gas will be cheaper.”

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