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Indonesian Refinery Deal Is True - Indonesia, It's A Lie - Fg Of Nigeria. - Business - Nairaland

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Indonesian Refinery Deal Is True - Indonesia, It's A Lie - Fg Of Nigeria. by chinaaman(f): 5:26am On Oct 14, 2011
Nigerians was shocked this week when an Indonesian newspaper reported that an official from their petroleum ministry confirmed an oil deal with Nigeria.Which involves building a refinery in the Asian country. But in a twist on Thursday the Federal Government of Nigeria denied reports that it had plans to build three refineries in Indonesia at the cost of $2.68bn (428.8bn). The question in my mind and maybe to other Naira landers is which of the reports do we believe ? because our elders say  there is no smoke without fire.
Re: Indonesian Refinery Deal Is True - Indonesia, It's A Lie - Fg Of Nigeria. by EkoIle1: 5:36am On Oct 14, 2011
Nigeria to invest Rp 24t in Indonesian refinery deal



The Jakarta Post | Wed, 10/12/2011 2:19 PM
A | A | A |

Nigeria plans to invest Rp 24 trillion (US$2.68 billion) in Indonesia to fund the construction of three oil refineries, an official says.

The Industry Ministry's director general for manufacturing-based industry, Panggah Susanto, was quoted by kompas.com as saying that both countries had agreed to build the refineries in Indonesia.

Nigeria, which produces 2.6 million barrels of oil per day (bpd), was looking for a partner to refine its crude oil, Panggah said.

"Previously they wanted the refineries to be built in Nigeria," he said Tuesday. "However, as Indonesia is currently improving its downstream industry, Indonesia wanted the refineries to be built here instead."

The refineries, which are projected to produce 300 bpd each, will be used to process crude oil from Nigeria.

"State firm PT Pertamina will buy the crude oil from Nigeria and process it here," he said.



http://www.thejakartapost.com/news/2011/10/12/nigeria-invest-rp-24t-indonesian-refinery-deal.html
Re: Indonesian Refinery Deal Is True - Indonesia, It's A Lie - Fg Of Nigeria. by chinaaman(f): 6:58am On Oct 14, 2011
I still don't know who is fooling who 
Re: Indonesian Refinery Deal Is True - Indonesia, It's A Lie - Fg Of Nigeria. by Johnpaul2k2(m): 7:58am On Oct 14, 2011
Anti GEJ is now on newspaper embarassed embarassed embarassed embarassed
Re: Indonesian Refinery Deal Is True - Indonesia, It's A Lie - Fg Of Nigeria. by chinaaman(f): 8:56am On Oct 14, 2011
No no John l am for GEJ any day but the truth need to be told.

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