Friday, December 5, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

NCDMB: Duport modular refinery to commence operation in July

Sodiq Lawal Chocomilo by Sodiq Lawal Chocomilo
July 1, 2022
in Business
Reading Time: 2 mins read
0 0
A A
0
Share on FacebookShare on Twitter

The Nigerian Content Development and Monitoring Board (NCDMB) has stated that the Duport modular refinery will commence commercial operation in July 2022.

This was stated by Simbi Wabote, executive secretary, NCDMB during a facility tour of the company in Egbokor, Orhionmwon LGA in Edo state.

Modular refineries are crude oil processing facilities with capacities of up to 30,000 barrel per day, and are being built as part of plans to curb oil theft.

They are also one of Nigeria’s strategies for salvaging its ailing oil sector and improving production.

READ ALSO

Tony Elumelu’s 2008 crisis day that tested every tenet of his Creed

Why every Stock Trader feared the number 4 on the NGX Board

Dangote Refinery to become world’s biggest, plans 1.4 million bpd processing capacity

Why Ajaokuta still breathes in debt and dust

“The plan is that on July 18, DPR will come and do the final check in terms of giving us approval to introduce hydrocarbon into the refinery,” Wabote said.

“So, between now and the end of July, this refinery in addition to the one we have in Ibigwe will become operational.”

On his part, Akintoye Akindele, chief executive officer (CEO) of Duport Midstream Company Limited (DMCL), disclosed that the company has four separate assets including a refinery, gas processing facility, compressed natural gas facility, power plant, and data centre.

He said that within the next 12 months to 18 months, there would be a modular LNG facility as well.

Akindele said production would begin after the final assessment of the facility is done by the regulatory agency.

“At the moment, we can process 60 million scf of gas daily. This refinery is a 10,000 barrel per day refinery, starting with 2,500 barrel per day,” Akindele said.

“The power plant capacity is over 50 megawatts and we are starting with five megawatts. We have a 32 racks data center that can go up to 100 racks.

“What we have not done is to introduce hydrocarbons into it. We are fully done, fully installed.

“However, the way it works is, you must get the regulator who will come to do the final work-through before we start full commercial production.

“We expect that to be completed by July 28, and then full commercial production will start.

“It is now no longer in progress or under construction, it is done. Regulatory agencies must give the right to start commercial operations.”

Discussion about this post

ADVERTISEMENT
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName