Green Energy International Limited , the Operator of the Otakikpo field marginal fields hosted visitors from the Steering Committee on the Establishment of Modular Refinery Intervention Funding and Technical Committee on Crude Oil Domestic Supply Obligation on a working visit to Otakikpo on the 24th of May 2021, to assess the establishment of a 5000bpsd modular refinery at the field.
He further reiterated that the Company has strategically positioned itself to ensure it does not incur most of the hurdles faced by other refinery license holders which are mostly related to the availability of feedstock, ease of accessibility for product offtake , and other operational logistics. The economic survival of these operators and indeed of the host countries will depend upon not the traditional production and export of crude oil but on these value additions. The inherent advantage in their small size with the attendant ease in decision making should be deployed to quickly embrace and implement this vision.
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Source: DailyPostNGR - 🏆 11. / 59 Read more »