According to Minister Emmanuel Ibe Kachikwu, the two parties have “reached an agreement” on a 150,000-bpd greenfield refinery project. Speaking to reporters in Abuja, he said that an MoU is being prepared.
While Eni, active in the country through Nigerian Agip Oil Company, has yet to comment on the project, it did in January say it was seeking to “intensify” its efforts in the market.
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