Integrated Oil and Gas Services Limited Chairman, Capt. Emmanuel Ihenacho (rtd), has said the upcoming Eko Refining and Petrochemical Limited will rely on crude from Escravos and Forcados for its feedstock because they are of good quality, The Nation reports.

He said a refinery is based upon a particular specification, adding that this helps to determine the types and the costs of products that the refinery must produce. He said the Eko Refining and Petrochemical complex, which would refine 20,000 barrels daily will come on stream next year.

Speaking during a tour of Tomaro Industrial Park, where the refinery will be located, Ihenacho said it would be easier to refine diesel, kerosene, petrol and other by-products of crude that is coming from Escravos and Forcados terminals.

He said two tanks with capacity of 500,000 litres each will also be built around the refinery and that the Nigerian National Petroleum Corporation (NNPC) could draw fuel from the facility for 15 days, when there are any problems of fuel supply.

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