Investor unveils plan for 500,000 bpd refinery, to build FTZ in Ondo

Petroleum refining capacity in Nigeria may increase by 500,000 barrels per day (bpd) as Backbone Infrastructure Nigeria Limited (BINL), yesterday, unveiled plans to build a $15 billion refinery and establish a free trade zone (FTZ) in Ondo state.The post Investor unveils plan for 500,000 bpd refinery, to build FTZ in Ondo appeared first on The Guardian Nigeria News - Nigeria and World News.

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