Epic Refinery Group, a private Nigerian-owned refinery to be located in Okporoma, Southern Ijaw Local Government of Bayelsa State, has entered into a new partnership with a foreign-based company known as Chiron Refineries, in its determination to increase the volume of locally refined petroleum products, The Will reports.
Chiron Refineries, which specialises in relocation and assets management is to advise Epic Refineries with regard to its decision to commence the construction of a re-location refinery on its site in Bayelsa State. The first phase of the refinery is expected to commence operations before the end of 2016, with a production volume of 30,000bpd.
Barango Mathew Wenke Jnr, President/CEO, Epic Refinery Group, said the “The agreement will enable Chiron offer a consultancy function to Epic Group, which will help the company in finding the best match for Epic’s location”. “The future to finding a lasting solution to the energy problems in Nigeria is brownfield, as opposed to Greenfield.”