Indonesian firm, PT Intim Perkasa Nigeria Ltd, Perkasa, Indonesia, has indicated its interest to build a refinery in Akwa Ibom, Nigeria.

NNPC has embarked on an ambitious plan to fast-track programs to restore our capacity utilization from 30% to a minimum of 90% in the next 24 months – NNPC Boss.

Head of Investor Relations of the firm, Mr. Adi Hartadi, made the revelation at a business meeting with the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru in Abuja.

In a statement Mr. Ndu Ughamadu, the Group General Manager, Group Public Affairs Division of the NNPC, said that the FG’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity had started gaining momentum.


Read more: http://amore.ng/bye-bye-oil-imports-indonesia-firm-seeks-to-build-refinery-in-akwa-ibom/

God pls let this come to fulfillment

Pls all man to officially welcome me from ban with likes. I missed a lot over the great Evans and Igbo Quit Notice. I couldn't lend my voice in those matters.

Pls Nlers, how's Buhari? Hope he returns soon! So many questions to ask about events that took place while I served the two weeks ban.

Much as it is not in Lagos or Kano, I am afraid if FG will give a nod

AKWAIBOM and not Lagos.......dead on arrival...frustration from the central govt will not let this work...dangotes on the other hand will fight to destroy it

It's only 10,000 bpd. Calm down it will help but won't end imports. Are you guys forgetting the huge population boom expected in decades.

cjrane:
This is why we ask for a restructured Nigeria.

If there is any part of this deal that requires the Federal Government approval, they will simply sit on it to frustrate the project because it is in a part of Nigeria they hate.

That is the nucleus of the agitation for self governance. it has little to do with fiscal federalism. But too much power is in the central government that nobody can develop its state with approval from Abuja. Which is very wrong in a big diverse country like Nigeria.

The deal was actually facilitated by the federal government through NNPC.

seunmsg:


The deal was actually facilitated by the federal government through NNPC.

You get time to answer some of these statements.

Don't be surprised they never took out time to go through the details.

Alright

Dangote's own is a staggering 650,000 barrels per day capacity it's the biggest in Africa. That should take care of our domestic consumption and some for imports.

seunmsg:


The deal was actually facilitated by the federal government through NNPC.

Liar!

FG indeed.

NNPC just gave approval because the oil will come from nigerian fields.

"Facilitates " indeed.

So Ibe Kachukwu has cracked this

ChimaAdeoye:



Liar!

FG indeed.

NNPC just gave approval because the oil will come from nigerian fields.

"Facilitates " indeed.

Dont be childish federal government negotiates deals like this all the time. The coal deal in Enugu is annother example. Indonesia and Nigeria have been having talks all year this is the results. Google it and see the trend.

Also speaking Third Secretary for Economic Affairs, Indonesian Embassy in Nigeria and the leader of the Indonesian delegation, Mr. Dwiyatna Widinugraha stated that the visit was a follow-up to the earlier visit by the Indonesian envoy to NNPC, the bilateral meeting between the Indonesian Trade Minister with his Nigerian counterpart as well as the visit of Indonesian Prime Minister to Nigeria.

The country’s decision to build a refinery in Nigeria was coming few weeks after Indonesian Ambassador to Nigeria, Mr. Harry Purwanto, had expressed the interest of the country in purchasing more crude oil from Nigeria.

Source: http://www.vanguardngr.com/2017/06/indonesia-firm-build-10000bpd-refinery-akwa-ibom/