The Edo Refinery has confirmed receipt of a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and its co-venturer, Millenium Oil & Gas Company Limited.
The Chief Executive Officer of Decklar Resources, Sanmi Famuyide who disclosed this in a statement, noted that the company has continued ongoing crude oil injection volumes into the Trans Niger Pipeline for transport to and export from the Bonny Export Terminal.
The refinery was developed by the Edo Refinery and Petrochemical Company Limited (ERPC) and was facilitated through a Memorandum of Understanding (MoU) between the Governor Godwin Obaseki-led State Government and AIPCC.
It is a 6,000bpd capacity plant, which is being expanded to 21,000bpd.
The facility with its feedstock can produce 500,000 litres of diesel, 300,000 litres of Naphtha and 200,000 litres of low-pour fuel oil.