The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited , says it lacks crude oil supply despite being a fully functional 1,000 barrels per day crude oil refinery.
Speaking to journalists in Benin City on Sunday, the management of the refinery said the firm is facing significant challenges due to the persistent lack of crude supply. “On 18th August 2021, our team led by our chairman, met with the NNPCL CEO and its top management team to discuss our intention to buy crude oil from NNPCL and we immediately wrote seeking crude supply, the letter was dated 22 July 2022,” he said.
“In March 2022, we also wrote to the Ministry of Petroleum Resources, informing it of our refinery status, future projects and our challenges of lack of crude oil supply to our refinery.