• Thursday, March 28, 2024
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Duport Midstream set to launch first energy park in Nigeria

Duport Midstream set to launch first energy park in Nigeria

Duport Midstream Company Limited (DMCL), one of the leading energy companies in Nigeria, is developing the first energy park in Africa’s largest economy and is set to start operations in the second quarter of this year.

Situated in Egbokor, Edo State, and powered by Platform Capital, the energy park consists of a 10,000-bpd modular refinery, 60-million-scf gas processing plant, 10-million-scf compressed natural gas (CNG) plant, 30,000-MT refined product terminal and a 20MW embedded power plant.

The investment is a great addition to Edo State, Godwin Obaseki, governor of the state, said recently when the DMCL’s chairman and board of directors paid a courtesy visit to the governor to discuss the progress of the construction of the multi-million-dollar investment facility.

“Edo State is proud to be setting an example for other states around Nigeria, we’re particularly excited about the opportunity of rebuilding local skills and content in refinery operations especially amongst our young workforce. We fully support this project by Duport Midstream Company Limited,” Obaseki said.

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According to Akintoye Akindele, managing director of Duport Midstream, the energy park will contribute towards petroleum products availability, utilization of abundant gas resources and an increase in the development of the company’s in-country capabilities.

“We anticipate that this project would add value to the nation’s natural resources and create wealth and social amenities for communities. At Duport, we are committed to helping the government increase its revenue and reduce dependence on imported petroleum products,” he said.