The plot will be used to establish a petroleum hub, according to the company’s work plan sent to the Mines and Energy Committee upon request by the Parliamentary caucus.
The company has also budgeted $50million for co-investment with a selected partner to establish a company in a selected area (oil refinery fertiliser plant, petrochemical industry, petroleum tank farm etc) in the Western region to attract investors to the petroleum hub.
Below is the breakdown of GNPC's budgeted $50million investment in petroleum hub
Read Full Story
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS