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First Private Refinery To Kick Off In Aguleri, Anambra State - Business - Nairaland

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First Private Refinery To Kick Off In Aguleri, Anambra State by Germannig: 6:21pm On Nov 30, 2007
Aguleri community gets housing estate for refinery project
By Sunny Igboanugo, Regional Editor, South East

A flurry of activities has continued around Orient Petroleum Resources (OPR) Plc, the firm that is about to build the nation’s first private refinery, one of which is the signing of an agreement for the construction of a housing estate at Aguleri, in Anambra East Local Government of Anambra State.

The agreement, according to a statement from the company, made available to Daily Independent on Wednesday, was signed between the company and Nerida International of Geneva, Switzerland was signed on November 20, and would be on contractor-finance basis.


According to the statement, the first phase of the project, which is to cater for the needs of the 55,000 Barrels Per Day (BPD) refinery, would see to an initial construction of 54 housing units.


The estate would also be equipped with police and fire stations, a health centre, schools, a central business district, recreational and sports club and an estate management office in addition to other basic infrastructures, like roads, drainages, potable water, electricity, communication, recreation, waste disposal facilities while adequate security, would also be provided, the statement said.


Explaining that the project would also be structured to support the state government in meeting the housing needs of the people, as some of the houses would be sold to the public, the statement said that this was in fulfilment of its agreement with its Engineering, Procurement, Construction and Commissioning (EPC) contractor, Beijing Petrochemicals Design Institute (BPDI).


It added that under the agreement the company would provide facilities outside the production lines such as staff housing, an airstrip and feedstock supply, while BPDI would provide the other components of the project such as process units, utilities, storage and loading facilities.


In another development, the company said the team of the Chinese company was due the site of the project this month, which it described as a milestone to the actualisation of the project.


The coming of the team would see to the commencement of civil work at the project, expected to be installed mid next year to commence full blast production in 2009, it said.


The statement quoted the Managing Director of the company, Mr. Nnaemeka Nwawka as saying that efforts were in top gear to make the dream of the project, expected to be the first full conversion private refinery in Nigeria, come true.


It is expected to produce the full range of transportation fuel and other commodity hydrocarbons like petrol, diesel, kerosene, jet fuel and liquefied petroleum gas.


The company’s stock, which was said to have already been launched in the market since November 12, for interested investors, according to the statement would end in next month.
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by Kobojunkie: 6:52pm On Nov 30, 2007
I must say that is to me a great plan and I do hope it succeeds. I for one am willing to invest in such a company as long as it is legit and the company actually sticks to plan.
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by Germannig: 2:12pm On Dec 03, 2007
Chinese refinery experts arrive Anambra for Orient
By AMECHI OGBONNA
Monday, December 3, 2007


• Model of overall view of the Orient Petroleum Refinery project, sited at Nsugbe-Umuleri
Photo: Sun News Publishing
More stories on this section

The Anambra State governor, Governor Peter Obi, will in the next few weeks, play host to a team of Chinese energy experts being expected to continue with the major structural and engineering work at Orient Petroleum Resources Plc refinery project in Nsugbe Umuleri.

The scheduled visit by the technical team, from Beijin Petrochemical Design Institute, which won the Engineering, Procurement, Construction and Commissioning (EPC) contract, is to enable contractors and managers of the project to fastrack remaining structural and engineering works at the project site to attain a satisfactory level of completion by the middle of 2008.

On arrival, the team is billed to hold talks with directors of the refinery and other stakeholders in the project before moving to begin work on the 55,000 barrel per day refinery expected to come on stream by 2009.

According to the Managing Director of the company, Mr Nnaemeka Nwawka, the coming of the Chinese experts will help upscale activities on the project which comes on stream in 2009.
When operational, the managing director, who said the OPR will be the first ever new full conversion private refinery to commence operation in Nigeria, observed that it was a landmark achievement for the promoters of the project, which will produce a full range of transportation fuel and other hydrocarbons including premium motor spirit, diesel and kerozine among other products.
He explained that opportunities still exist for private investors wishing to be part of the project by way of private placement.

He said the coming of the refinery would only work to complement the commercial and trading skills of the Anambra people who are known for their enterprise spirit, stressing that the paradigm shift which OPR represents will bring about significant growth in manufacturing.
He explained that such a development would create phenomenal socio-economic improvement in the state.
Orent Petrochemical Refinery is a private sector initiative between the government of Anambra State, Rivers and other stakeholders.
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by willy4: 11:21am On Dec 04, 2007
This private refinery is a good thing, this shows peoples will to contribute to the betterment of this country and not to steal like others, but my advice to Anambra people is for them to be watchful, don't be surprise one day to see greedy Yoruba/Hausa/Fulani Military/ politician seizing the refinery and selling it off to their kinsmen, your aware that  they never used their money to build or to start off a project, but they always has the wisdom to seize and sell/privatised what does not belong to them to their own people.
If na lie i talk, please make una ask Otedola/Mobalaji/kunle/Dangote/Mohammed/Musa/Adenuga etc . dem plenty.
Anambra/IBO please make una be watchful of the tribes of BIG EYES.
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by RichyBlacK(m): 11:48am On Dec 04, 2007
willy*2:

This private refinery is a good thing, this shows peoples will to contribute to the betterment of this country and not to steal like others, but my advice to Anambra people is for them to be watchful, don't be surprise one day to see greedy Yoruba/Hausa/Fulani Military/ politician seizing the refinery and selling it off to their kinsmen, your aware that they never used their money to build or to start off a project, but they always has the wisdom to seize and sell/privatised what does not belong to them to their own people.
If na lie i talk, please make una ask Otedola/Mobalaji/kunle/Dangote/Muhammad/Musa/Adenuga etc . them plenty.
Anambra/IBO please make una be watchful of the tribes of BIG EYES.

@willywilly,
I hear you, but don't forget that it's more likely for an Igbo thief (you want make I give you list?) to hijack the refinery than a Yoruba thief or Hausa thief to pull the same stunt. Just my fifty kobo!
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by willy4: 3:40pm On Dec 05, 2007
RichyBlacK:

@willywilly,
I hear you, but don't forget that it's more likely for an Igbo thief (you want make I give you list?) to hijack the refinery than a Yoruba thief or Hausa thief to pull the same stunt. Just my fifty kobo!
Richy nay true i dey tell you, i know dis people well well,
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by Crownvilla(m): 5:28pm On Dec 05, 2007
@ all

Does anybody know how to take part in the Private Placement?
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by Nchara: 12:51am On Mar 31, 2011
Refinery to exploit the oil in Anambra
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by sbeezy8: 12:55am On Mar 31, 2011
what happen to it?
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by pat077: 4:47pm On Nov 28, 2011
I hope it's not palm kernel refinery.
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by Abagworo(m): 6:09am On Mar 04
Audio as usual
Re: First Private Refinery To Kick Off In Aguleri, Anambra State by InternalAuditor: 12:26pm On Mar 04
Envious bitter frustrated imo bastarddd. Anambra shall continue to be the abroad of ndi imo state and Anambra shall continue to be by far more developed than your cursed backward useless worthless shithole imo state

Abagworo:
Audio as usual

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