A refinery 100% fully owned and developed by AIPCC. It is located in Ologbo, Ikpoba Okha LGA of Edo State. Edo Refinery has been commissioned and is fully operational. Our refined products from Edo Refinery are: Diesel, Naphtha, Fuel Oil & LPG.
OUR ASSETS & OPERATIONS
AIPCC LNG & LPG
AIPCC is nearing completion of its fully owned mini-LNG plant located in Nigeria's gas rich Niger Delta. The project will be executed in two phases: Phase 1 with 12 MMSCFD, and Phase 2 with 100 MMSCFD, with all fully financed. Phase 1 has completed fabrication. AIPCC has also developed a 12 MMSCFD proof of concept LPG plant located in the same complex.
AIPCC EQUIPMENT FABRICATION YARD
We have commenced construction of our fully owned and operated 60,000BPD refinery located on the Benin River in Koko, Delta State. This will be executed in two trains of 30,000 barrels per day each. This refinery will produce Naphtha, Diesel, Low Pour Fuel Oil, LPG, Propane, & Paint Solvent, with revenues exceeding 2.0 billion USD annually. The OSBL and jetty have been completed, with an estimated full project completion and commissioning date of June 2024. Phase 2 will increase refining capacity to 75,000 BPD, with revenues exceeding 5.0 billion USD annually, and will commence immediately upon Phase 1's completion. In addition to Phase 1's product slate, Phase 2 will produce: Sulfur, Sulfuric Acid, Vacuum Gas Oil, Base Oil, & Bitumen.
Being promoters in the oil and gas industry with a focus on modular refineries and flare gas recovery, AIPCC Energy has set up a world class first of its kind fabrication yard in Koko, Delta State. The facility is set to be completed in Q3 2022. Part of our Phase 1 Koko Refinery project will be fabricated locally at our fabrication yard.
The bulk of equipment used in Nigeria's oil sector are manufactured and shipped to the country. This fabrication yard will help reduce the project delivery timeline and will boost local content involvement in the sector, inline with the federal government’s initiative to increase local refining and gas processing capacity.