The following warnings occurred:
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined variable $awaitingusers - Line: 34 - File: global.php(844) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/global.php(844) : eval()'d code 34 errorHandler->error
/global.php 844 eval
/showthread.php 26 require_once
Warning [2] Undefined array key "mybb" - Line: 1952 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 1952 errorHandler->error
/inc/functions_indicators.php 41 my_set_array_cookie
/showthread.php 629 mark_thread_read
Warning [2] Undefined property: MyLanguage::$ratings_update_error - Line: 5 - File: showthread.php(732) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(732) : eval()'d code 5 errorHandler->error
/showthread.php 732 eval
Warning [2] Undefined array key "additionalgroups" - Line: 7162 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 7162 errorHandler->error
/inc/functions_user.php 844 is_member
/inc/functions_post.php 406 purgespammer_show
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "profilefield" - Line: 6 - File: inc/functions_post.php(474) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php(474) : eval()'d code 6 errorHandler->error
/inc/functions_post.php 474 eval
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showimages" - Line: 741 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 741 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showvideos" - Line: 746 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 746 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "invisible" - Line: 1506 - File: showthread.php PHP 8.0.30 (Linux)
File Line Function
/showthread.php 1506 errorHandler->error
Warning [2] Undefined variable $threadnotesbox - Line: 30 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 30 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $addremovesubscription - Line: 79 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 79 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $forumjump - Line: 86 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 86 errorHandler->error
/showthread.php 1533 eval




Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Katsina refinery to cost $2 billion
#1
Katsina refinery to cost $2 billion
July 25, 2018 BUSINESS

                                 [Image: 37794277_1789853371106995_90455527543485...91x470.jpg]
The private sector-driven Niger Republic facilitated approved petroleum refinery in Mashi in Kastina State would cost $2 billion (N724,720,000,000.00).

The planned refinery would have the capacity to produce 150, 000 barrels per day when fully completed in 2021.

Nigeria’s Minister of State for Petroleum Resources, Dr Ibe Kachikwu, and the Nigerien Minister of Energy, Foumakaye Gado, had on Tuesday at the Presidential Villa, Abuja signed a Memorandum of Understanding (MoU) on the construction of the refinery.

“However, presently, we have mentally structured our minds for a three-year period to finish the work on the refinery but that depends on what we find during the technical studies,’’ Kachikwu said.


According to the minister, there is potential to also establish another extension of the refinery in Kaduna State.

“It’s going to be in Katsina but there is a potential for an extension to Kaduna but bear in mind, this started first from a perspective of they (Niger) wanting to build a pipeline from Niger to Kaduna refinery.’’

“We shut that down because the asset quality of the crude from Niger was not the same with our own and we would have had to take almost 90 per cent of our own crude to match their own 10 per cent of crude so it just didn’t make any sense.

“So at that point, we decided to do a refinery that is targeted at their crude,’’ he further explained.

Also speaking on the proposed refinery, a Nigerian investor, Alhaji Ibrahim Zakari, said about two billion dollars was needed for the construction of the Mashi Refinery in Katsina.

He pledged to spearhead the take-off of the first 100 per cent private driven refinery.


Zakari announced that his company, Blak Oil Energy Refinery had mobilised substantial part of two billion dollars needed for the construction of the refinery.

“ The funds are coming from abroad, U.S., Canada, India and the Middle East.’’

He explained that the crude for the refinery would come from Niger Republic.

According to him, it will take the company about five years to complete the project.

He said that the project when completed would provide job opportunities for more than 2,500 Nigerians.


http://www.akelicious.net/2018/07/katsin...llion.html
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  FG To Spend ₦900 Billion On Subsidy In 2022 Edoman 0 881 07-01-2021, 10:33 PM
Last Post: Edoman
  Petrol Landing Cost Now ₦232, Subsidy Rises To ₦5.58 Billion Daily Edoman 0 941 06-28-2021, 12:14 PM
Last Post: Edoman
  ₦98 Billion Oil Pollution Fund Stirs Controversy In Niger Delta Communities Edoman 0 1,070 05-02-2021, 11:50 AM
Last Post: Edoman
  Petrol Landing Cost Hits ₦216, Daily Subsidy Now ₦4.64 Billion Edoman 0 807 04-21-2021, 08:32 AM
Last Post: Edoman
  BUA Refinery: Pres. Macron Lauds Abdul Samad Rabiu As BUA Signs Deal With Axens Edoman 0 919 04-15-2021, 02:21 PM
Last Post: Edoman
  NNPC Signs $1.5 Billion Contract For Rehabilitation Of PH Refinery Edoman 0 785 04-07-2021, 10:14 AM
Last Post: Edoman
  Sylva: FG May Sell Port Harcourt Refinery After $1.5bn Rehabilitation Edoman 0 743 03-22-2021, 09:16 AM
Last Post: Edoman
  Nigeria’s $26.5 Billion Maintenance Cost Enough To Build Three New Refineries Edoman 0 766 03-21-2021, 10:59 AM
Last Post: Edoman



Users browsing this thread: 1 Guest(s)