Platinum Hydrocarbon Resources is a 100% Nigerian owned established with the objectives of contributing to the Federal Government policy to refine 50% of crude oil produced in Nigeria to enhance our national refining capacity.
Platinum Hydrocarbon Resources is poised to install and operate a 10,000 BPD petroleum refinery at Ikwewu-Amukpe, Delta state with the objectives of creating values by refining the stranded hydrocarbon resources in the remote locations where marginal fields have been discovered.
The refinery shall be designed to process to 10,000 BPD of Escravos Light/ Bonny Light Crude Oil from Amukpe/Ovhor/Oriomu Field to produce LPG, premium grades of Gasoline (PMS), Kerosene, Automotive Gas Oil (AGO) and Fuel Oils. After the first few years of production, additional 5,000 BPD Distillation Unit and Accessories will be added to the production line to produce Refined Petroleum Products with a yield of 10,000 BPD.
The finished products will be primarily evacuated to meet the demands of the domestic markets, and make the Platinum Hydrocarbon Resources storage depot, a key hub in order ensure constant supply and distribution of petroleum products in the domestic market.