aloy/emeka:

[size=14pt]Nigeria to invest Rp 24t in Indonesian refinery deal[/size]
The Jakarta Post | Wed, 10/12/2011 2:19 PM A | A | A |
Nigeria plans to invest Rp 24 trillion (US$2.68 billion) in Indonesia to fund the construction of three oil refineries, an official says.

The Industry Ministry's director general for manufacturing-based industry, Panggah Susanto, was quoted by kompas.com as saying that both countries had agreed to build the refineries in Indonesia.

Nigeria, which produces 2.6 million barrels of oil per day (bpd), was looking for a partner to refine its crude oil, Panggah said.

"Previously they wanted the refineries to be built in Nigeria," he said Tuesday. "However, as Indonesia is currently improving its downstream industry, Indonesia wanted the refineries to be built here instead."

The refineries, which are projected to produce 300 bpd each, will be used to process crude oil from Nigeria.

"State firm PT Pertamina will buy the crude oil from Nigeria and process it here," he said.

http://www.thejakartapost.com/news/2011/10/12/nigeria-invest-rp-24t-indonesian-refinery-deal.html

Sun of god:

@Op

This better be a joke.

Investing money to build refineries in Indonesia - to benefit Indonesians.

And again we import the refined products?

This better be a joke - I'm about to explode (Like Boko)

dayokanu:

We voted Retardeen and not Odechukwu

Tom Ford:

dayo,why do u always insult your president?virtually every post of yours is filled with name calling

who really advises the president?

igbo2011:

Useless government this just makes me sad.  These politicians are too easy to influence.  Give them something shiny and tell them it is worth something.

Tom Ford:

dayo,why do u always insult your president?virtually every post of yours is filled with name calling

who really advises the president?

Beaf:

Thats gutter morals on display.

@topic
The story is very bent and useless, there isn't even a direct quote, rather it is 3rd party news quoting another website which isn't in English (the whole thing is more like gossip).

Nigeria has a deal with China to build 3 new refineries here in Nigeria. 1 in Lagos, 1 in Bayelsa and the last in Rivers.

Beaf:

Thats gutter morals on display.

@topic
The story is very bent and useless, there isn't even a direct quote, rather it is 3rd party news quoting another website which isn't in English (the whole thing is more like gossip).

Nigeria has a deal with China to build 3 new refineries here in Nigeria. 1 in Lagos, 1 in Bayelsa and the last in Rivers.

Beaf:

Thats gutter morals on display.

ekt_bear:

GEJ again

Why are we giving them money to build refinery? Why ship it all the way to Indonesia when the same money you give them can be used to build refinery in your own country? Even if for some reason you don't want to build one in Nigeria, built one in a neighboring country.

Smh

dayokanu:

I am not insulting him ooooo. God is my witness . Retardeen odechukwu is his name ni. gaskiya

If you call Zukerberg a "Whizkid" or Bill Gates a "Geek", Osama a "Terrorist" or Warren Buffet A "Sage" Its not insulting its just an apt description of those individual.

Just like when you Call Goodluck Odechukwu Jonathan a "Retardeen" No be curse walahi

alj_harem:

How do you know ? Are you Jonathan himself

Jokes aside, any verification on your claim ?

jason123:

Can you please start a thread on that so people can see. But if you can't, can you give more info, like the scheduled opening date etc . . .

Beaf:

Thats gutter morals on display.

@topic
The story is very bent and useless, there isn't even a direct quote, rather it is 3rd party news quoting another website which isn't in English (the whole thing is more like gossip).

Nigeria has a deal with China to build 3 new refineries here in Nigeria. 1 in Lagos, 1 in Bayelsa and the last in Rivers.

Beaf:

Stop being funny, the Chinese deal to build 3 new refineries is old news that has been dealt with on NL several times. You no de read newspapers?

Ola one:

Now you know why some Nigerians are pessimistic?


Just go and apply for your own YouWin abi wetin dem call am?


SMH

aloy/emeka:

Why should Nigeria build a refinery in Kebbi state? What for?. Why not renovate the one in Kaduna and serve the whole North?. Energy consumption in the south is 4x that of north because majority of the North is agrarian and they seldom use electricity, A/C, fridge, many dont have automobiles and the few who owns one, are mainly motorcycle owners.

Tom Ford:


like you took the words out of my mouth.why kebbi?i can understand lagos

beaf,what's your stand on private refineries?it doesn't seem to get govt backing

Beaf:

Stop being funny, the Chinese deal to build 3 new refineries is old news that has been dealt with on NL several times. You no de read newspapers?

alj_harem:

actually lagos, balaysea and kebbi state not rivers

Now the actual i saw on nairaland but did not tell us what year it would be commission

btw, it started june 2010 so what year is it going to be commissioned ?

Has the project even started at all ?

thanks