Nigeria supports Eko petrochemical, refining firm

Classified as critical, the federal government has expressed its commitment to execution of Eko Petrochemical and Refining Company.
The subsidiary is a modular refinery of Integrated Oil and Gas Limited, has capacity for 20,000 barrels per day modular refinery.
The refinery sited at the Tomaro Island Port, in Amuwo-Odofin Local Government Area of Lagos State, is estimated to cost over $200 million and has already gulped $20 million so far, according to the company.
The project is currently at the financing stage and the company is currently in talk with potential world-class Engineering, Procurement and Construction (EPC) companies for them to tender for the contract…………..TO CONTINUE READING CLICK ON