The facility is expected to come on line in the next two years and produce 150,000 bpd, local daily The Guardian reported.
“The initiative will not only provide a reliable market for the stranded crude from Niger Republic but will also provide petroleum products for Nigeria, as it aggressively pursues its aspiration for petroleum product self-sufficiency,” President Buhari said.
Nigerian Minister of State for Petroleum Resources Emmanuel Ibe Kachikwu announced the plans in February.
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