Nigeria expects 4 refineries from South Korean investors, eyes $50bn inflows

The Nigerian government has announced that a consortium of investors from South Korea has set up machinery to build four 100,000-barrel capacity refineries in the country. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this on Tuesday at a summit organized by the Crude Oil Refinery-owners Association of Nigeria in Lagos. According [...]Nigeria expects 4 refineries from South Korean investors, eyes $50bn inflows

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