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Ecoslops has signed a fourth Letter of Intent with Marine Bunkers Ltd for a Mini Petroleum Residue Recycling (P2R) that aims to establish a unit in the port of Tema in Ghana

“The P2R unit will make it possible to recycle 98% of oil waste in Tema and the Gulf of Guinea region,” stated Ecoslops in a statement. “The reuse of these oil residues will notably reduce illegal dumping (maritime or land-based), thus contributing to the preservation of the resource. It will also cut greenhouse gas emissions per ton of fuel produced by a factor of three, unlike a conventional oil production cycle.”

The project aims to enable Ghana to expand its maritime facilities, while also improving the value-added services and job creation. In addition, Ecoslops further added that it will train Ghanaian oil and gas operators to comply with the international regulations.

“We will also provide multi-year technical assistance to MBL,” stated Ecoslops.