Page 9 - DMEA Week 26 2022

DMEA REFINING DMEA

Duport modular refinery set for launch

AFRICA AS progress continues on large state facilities, In mid-2020, NCDMB provided $15mn of
Nigeria is set to receive a small boost to refin- funding to Duport in exchange for an equity
ing capacity in the form of a 2,500 barrel per day stake in the project, but its share has not been
(bpd) modular unit in Edo State this month. made public. Duport has also received funding
During a visit to facilities developed by the from First City Monument Bank (FCMB).
Duport Midstream Co., Simbi Wabote, executive Akintoye Akindele, CEO of Duport Mid-
secretary of the Nigerian Content Development stream, said: “At the moment, we can process
and Monitoring Board (NCDMB), said that the 60mn cubic feet [1.7mn cubic metres] of gas
refinery at Egbokor in the Orhionmwon local daily. This refinery is a 10,000 bpd refinery, start-
government area would begin operations by the ing with 2,500 bpd. The power plant capacity is
end of the month. over 50 MW and we are starting with 5 MW. We
“The plan is that on July 18, [the Department have a 32-rack data centre that can go up to 100
of Petroleum Resources (DPR)] will come and racks.”
do the final check in terms of giving us approval He added: “Without the NCDMB, this will
to introduce hydrocarbon into the refinery. So not be possible. Not only did they invest in us,
between now and the end of July, this refinery they held our hands through the process, sup-
in addition to the one we have in Ibigwe will porting us, guiding us and letting us tap into
become operational,” he said. their experiences.”
Given that the DPR was scrapped in favour of As noted by Wabote, the facility will be the
new institutions, it is likely Wabote was referring second to launch that has received NCDMB
to the catchily named Nigerian Midstream and funding, the first being the 5,000 bpd Walter-
Downstream Petroleum Regulatory Authority smith Refining and Petrochemical Co. plant in
(NMDPRA). Ibigwe, Imo State, in which the agency took a
The refinery is part of the Duport Mistream 30% stake during 2018.
Energy Park, which will also feature a 30mn It also has a stake in the Azikel Hydroskim-
cubic feet (850,000 cubic metres) per day gas ming Modular Refinery, which will have a capac-
processing facility and a 5-MW power plant and ity of 12,000 bpd when it launches, potentially by
a data centre. the end of the year.™

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