Some Japanese and Chinese investors are seeking partnership with the government of Anambra State towards the completion of the state’s Orient Petroleum Refinery project.

The team, led by Mr. Akuzu Nwokedi, met with Governor Peter Obi in Awka on Tuesday.

A member of the team, Mr. Machindin Amatsu, said the refinery project was one of the ventures the team plans to put money on, adding, however, that they would not only invest in the refinery, but would also attract investment into other areas of business in the state.

To actualise its plan of completing the refinery, the team would be working with Orient Petroleum Incorporation of the United States.

Governor Obi, in welcoming the investors, said that Anambra, as the home of entrepreneurship, required increased power supply as more industries and businesses would soon come on stream.

He expalined that Nigeria was one of the most fertile countries for investment and that the country had created an avenue for in-flow of capital and easy repatriation of profit by investors.

In addition, he said Nigeria had the biggest market in Africa that provided viable alternative to the highly competitive markets in the developed economies.


http://sweetcrudereports.com/2011/12/14/japanese-chinese-investors-plan-completion-of-anambras-orient-refinery/

This collaborates Emeka Anyaoku's comment on the project:


ORIENT Petroleum Resources (OPR) —Refining and Petrochemicals Ltd, has given the indication that its refinery would be “up and running” by the end of 2012 when the envisaged completion of the refinery installation would have been completed.

Giving this assurance, while delivering a speech at the 2011 Annual General Meeting of the company in Awka, Chairman of the Board of Directors, Chief Emeka Anyaoku, said this would include the overseas procurement and shipment of long-lead items and on-site fabrication of storage tanks.

According to the reverred diplomat, Orient has completed the acquisition process, including the perimeter and topographical surveys of 240 hectares of land at the refinery site in Anambra State and another 21 hectares at Lokoja, Kogi State for stand-alone petroleum products depot expected to serve the central and northern parts of the country.

http://www.ngrguardiannews.com/index.php?option=com_content&view=article&id=66660:orient-refinery-fully-operational-end-of-2012-says-anyaoku&catid=31:business&Itemid=562

keep it keep my people

That's a great news. Luvn this big time!

Let's hope this works!

I pray it goes according to plan.

Soon we will be having our refined products in the east and surrounding.

^^ Not a case of having refined product out and about but utilizing the revenues to Build Anambra State. Three world class cities, world class town villages.

Accountability is vital in dealing with thieves at the center of affairs, as the desire for self determination by the masses outweighs the urge for the greedy executive amongst us to en-mass wealth and condemn the masses to servitude.

Bliss4Lyfe:

^^ Not a case of having refined product out and about but utilizing the revenues to Build Anambra State. Three world class cities, world class town villages.

Accountability is vital in dealing with thieves at the center of affairs, as the desire for self determination by the masses outweighs the urge for the greedy executive amongst us to en-mass wealth and condemn the masses to servitude.

Gbam. We are already getting there By His Grace. Good a thing Anambra people are the pathfinders.

Bliss4Lyfe:

^^ Not a case of having refined product out and about but utilizing the revenues to Build Anambra State. Three world class cities, world class town villages.

Accountability is vital in dealing with thieves at the center of affairs, as the desire for self determination by the masses outweighs the urge for the greedy executive amongst us to en-mass wealth and condemn the masses to servitude.

GBAM!!!

Japanese and Chinese working together? Now that's a new one.

@Bliss4lyfe, I agree wholeheartedly. We want to see world-class cities being built from the expected revenues. Let's learn from the likes of Dubai and use our revenues from oil and gas to develop other sectors. Its not just about setting up a refinery.

Same old story

Nobody has stood up to ask questions about this refinery commissioned by Jonathan in 2012. This is nearly 12 years later and it seems not to have existed after all

Another of Peter Obi’s audio legacy 🤣🤣🤣

lol...

seunmsg:
Another of Peter Obi’s audio legacy 🤣🤣🤣

SeunMilosovichSlobodanGeyadema! This thread is like 12 yrs old nah! But you just had to resurrect it.

idealogical:
lol...

When Peter Obi said China went back to China, this is the outcome. This is the kind of nonsense lies we would have been hearing all over the place if the Gbajue guy had won the election. 12 years later, there will be nothing to show for it.

Bliss4Lyfe:
^^ Not a case of having refined product out and about but utilizing the revenues to Build Anambra State. Three world class cities, world class town villages.

Accountability is vital in dealing with thieves at the center of affairs, as the desire for self determination by the masses outweighs the urge for the greedy executive amongst us to en-mass wealth and condemn the masses to servitude.

babe...r u married?

seunmsg:


When Peter Obi said China went back to China, this is the outcome. This is the kind of nonsense lirs we would have been hearing all over the place if the Gbajue guy had won the election. 12 years later, there will be nothing to show for it.

I think you should be occupied with how you will be explaining to your children and their children the role you played in bringing upon this nation a catastrophic Tinubu regime.

seunmsg:


When Peter Obi said China went back to China, this is the outcome. This is the kind of nonsense lirs we would have been hearing all over the place if the Gbajue guy had won the election. 12 years later, there will be nothing to show for it.

Well , the refinery was not completed because Nigerians like you opposed subsidy removal

Gej agreed with you and removed subsidy.

As a result, refineries like the oriental refinery could not operate or get investors because at the end , subsidy means they sell at a loss and they lose money.

Now your party has been forced by the debt incurred by keeping subsidy into a partial removal. Up till now they refuse to do full removal

The thing about forcing businesses to operate at a loss, it drives away investment.

Yes, pdp messed up, but your party by keeping subsides is driving away investment in domestic refining, and putting private refineries at risk of failure.

Better face reality and stop the mockery

nairalanda1:


Well , the refinery was not completed because Nigerians like you opposed subsidy removal

Gej agreed with you and removed subsidy.

As a result, refineries like the oriental refinery could not operate or get investors because at the end , subsidy means they sell at a loss and they lose money.

Now your party has been forced by the debt incurred by keeping subsidy into a partial removal. Up till now they refuse to do full removal

The thing about forcing businesses to operate at a loss, it drives away investment.

Yes, pdp messed up, but your party by keeping subsides is driving away investment in domestic refining, and putting private refineries at risk of failure.

Better face reality and stop the mockery

You go fear excuse 🤣🤣🤣

Ofunaofu:


I think you should be occupied with how you will be explaining to your children and their children the role you played in bringing upon this nation a catastrophic Tinubu regime. 

How will you explain to your children that a refinery commissioned in 2012 has not refined a drop of petrol in 2024?

Same Tinubu that his vision brought about Lekki seaport Eko rail, BRT n others is what you are condemning for the bastard cursed gross failure of a human that invested over ₦4 billion into Orient refinery that was commissioned 13 years ago but till this morning in 2024 can not refine 30cl of be it kerosene petrol or even anything at all.

Your head need to be flogged mercilessly to stop being a dead obidient ipob head I swear

Ofunaofu:


I think you should be occupied with how you will be explaining to your children and their children the role you played in bringing upon this nation a catastrophic Tinubu regime. 

This is even after the refinery was commissioned 14 years ago ? How do you Igbos not fear God when you tell this foolish lies so shamelessly ? How ?!

nairalanda1:


Well , the refinery was not completed because Nigerians like you opposed subsidy removal

Gej agreed with you and removed subsidy.

As a result, refineries like the oriental refinery could not operate or get investors because at the end , subsidy means they sell at a loss and they lose money.

Now your party has been forced by the debt incurred by keeping subsidy into a partial removal. Up till now they refuse to do full removal

The thing about forcing businesses to operate at a loss, it drives away investment.

Yes, pdp messed up, but your party by keeping subsides is driving away investment in domestic refining, and putting private refineries at risk of failure.

Better face reality and stop the mockery

Abagworo:
Nobody has stood up to ask questions about this refinery commissioned by Jonathan in 2012. This is nearly 12 years later and it seems not to have existed after all

Abagworo na you do this one OOO" original table shaker "

blancsn1:
Same Tinubu that his vision brought about Lekki seaport Eko rail, BRT n others is what you are condemning for the bastard cursed gross failure of a human that invested over ₦4 billion into Orient refinery that was commissioned 13 years ago but till this morning in 2024 can not refine 30cl of be it kerosene petrol or even anything at all.

Your head need to be flogged mercilessly to stop being a dead obidient ipob head I swear

Stop this propaganda bro

He is the president now and turning out to be the most disastrous president to have ever govern this country

blancsn1:
This is even after the refinery was commissioned 14 years ago ? How do you Igbos not fear God when you tell this foolish lies so shamelessly ? How ?!

K.

seunmsg:


You go fear excuse 🤣🤣🤣

Like your party does.

Envious bitter frustrated imo baastard. All the projects commissioned in your cursed backward useless imo state with so much fanfare like flyover, police headquarters, etc, no one from your cursed backward useless dirty imo state has come out to ask what happened to it, despite the fact that it was imo state scarce resources that they used in building those dilapidated and failed projects. Today imo state is the most indebted state in Nigeria with nothing to show while the jndigenes are steadily moving to Anambra for greener pastures.

Abagworo:
Nobody has stood up to ask questions about this refinery commissioned by Jonathan in 2012. This is nearly 12 years later and it seems not to have existed after all

Envy and bitterness is all you have but Anambra shall continue to be the obodo oyibo of ndi imo state because your state is useless backward and worthless

Abagworo:
Same old story