Twenty-two foreign firms bid for construction of Nigeria's oil refinery

Dec 30, 2004 01:00 AM

Twenty-two foreign firms have put in tenders to construct the proposed Anambra government-owned refinery of Orient Petroleum Resources.
Emeka Anyaoku, chairman of the company's board, was quoted as saying that the board of directors would meet to choose the best among them to handle the project soon.
"We hope to start the construction early next year, and by December next year, we will pump out refined petroleum products from the refinery," he said.

Anyaoku told that the company expected its partners in the refinery project to play their roles effectively, adding that the board would soon meet with representatives of the refinery's 22 host communities.
The proposed refinery is to be sited at Otuocha in the Anambra East council area in Nigeria's southern state of Anambra. Governor Chris Ngige of Anambra state assured the board that the state government would meet its obligations by contributing its equity shares.

Nigeria is the largest oil producer in Africa and the sixth largest oil export country in the world with a daily crude output of over 2.5 mm barrels.
However, it has to import $ 2 bn refined petroleum products per year as the nation's four state-run refineries are unable to operate normally due to poor maintenance and management.

Source: Xinhua News Agency
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