NIGERIAN REFINERIES' PRIVATIZATION SOUGHT

Nigerian National Petroleum Corp. has proposed the Nigerian government proceed with partial privatization of the country's four refineries. In anticipation of government approval, NNPC has hired several auditing firms to evaluate the refineries. Two are at Port Harcourt, with capacities of 150,000 b/d and 60,000 b/d, and the other two are at Warri 125,000 b/d and Kaduna 110,000 b/d. After a privatization scheme is drawn up, NNPC would solicit investors to purchase interests in the

Jan 10th, 1994
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home