Page 11 - DMEA Week 44 2022

DMEA REFINING & FUELS DMEA

Buhari expressed satisfaction at the signing of currently engaged in the execution of the NLNG
the LoI, noting that the new project would allow [Nigeria LNG] Train 7 project and also con-
the South Korean company to expand its oper- structing sea-going LPG vessels for [NNPCL]
ations in Nigeria. and her partners ... This no doubt will open
“Daewoo Group has massive investments in many more windows of opportunities for Dae-
the automobile, maritime and other sectors of woo and other Korean companies in Nigeria. I
our economy. I am also aware that Daewoo is thank you for your faith in Nigeria,” he said. ™

Edo state’s governor urges local

processing of crude oil, natural gas

AFRICA GODWIN Obaseki, the governor of Edo in metre) gas-processing plant, a 10mn cubic foot
southern Nigeria, said on November 1 that his (283,200 cubic metre) CNG plant, a 50-MW
administration aimed to encourage crude oil thermal power plant (TPP) and a data centre.
and natural gas producers working in the state The governor was visiting Duport Energy
to process their output in local facilities rather Park during an inspection for test operations,
than sending them elsewhere. This Day reported. He used the occasion to
Ideally, he commented, the state govern- describe Edo State as a growing hub for the oil
ment would like to see 100% of the oil and gas and gas industry.
extracted in Edo sent to local oil refineries and This Day explained his remark by noting that
gas-processing plants. He said his administra- Edo was also home to a second modular refinery
tion had set this milestone as its target and noted – a 6,000 bpd facility operated by Edo Refinery
that making this shift would increase the state’s and Petrochemical Ltd. This organisation is a
foreign currency revenues while also diversify- three-member consortium set up by Peiyang
ing its economy. Chemical Equipment Co. (PCC) and Sinopec
“Due to the benefits and advantages that we International Petroleum Service Corp. (SIPS) of
have in Edo State to have onshore oil and gas China, as well as African Infrastructure Partners
production, we are now attracting investors to (AIP), a US-Nigerian firm. ™
utilise that production locally,” he said, accord-
ing to a report from This Day. “Our goal is that
every drop of crude oil and gas produced in
Edo State is used here for national development
rather than exporting it.”
Obaseki was speaking during a visit to
Duport Energy Park, a facility built in Egbokor,
a village within the Orhionmwon local gov-
ernment area (LGA) of Edo. The energy park
was built by Duport Midstream, a Nigerian
company. It includes a 10,000 barrel per day
(bpd) modular oil refinery owned by Nigeria’s
Atlantic International Refinery and Petrochem-
ical, as well as a 60mn cubic foot (1.7mn cubic Duport Energy Park is home to a 10,000-bpd refinery (Photo: Duport Midstream)

Eni, ExxonMobil confirm that Coral Sul FLNG

is turning out LNG offshore Mozambique

AFRICA TWO members of the Coral South LNG con- is also on track to load its first export cargo soon.
sortium have confirmed that the Coral Sul float- A representative of Eni (Italy), the operator of
ing LNG (FLNG) vessel is processing natural gas the group, told Energy Voice on October 28 that
from the Coral field offshore Mozambique and LNG production was already underway.

Week 44 03•November•2022 www. NEWSBASE .com P11