Petroleum Africa
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Thursday, January 26, 2017
GE has expressed an interest in the Nigerian refining sector. The company has proposed that it invest in the West African country’s refineries, potentially as part of a consortium of companies.
The news was revealed in a statement released by NNPC after a meeting with GE.
“We propose that work commences either with the Warri or Port Harcourt refinery as a pilot, as we set a target to improve the refinery capacity before the end of 2017,” GE said in the statement released by NNPC.
GE is not the only multinational firm that has expressed an interest in bringing Nigeria’s refineries back up to par; Chevron, ENI, and Total have all expressed an interest in working on the refineries at one time or another.
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