Nigerian companies to save over $320m from facilities upgrade

by | November 14, 2017 1:28 am

Indigenous capacity to receive high volume petroleum products for distribution is being enhanced with the launching of the Lagos Midstream jetty which is capable of receiving 45,000DWT vessels. The downstream of the Nigerian oil and gas industry would through this development be saving an estimated $320 million yearly from associated cost resulting from Ship-to-Ship (STS)…

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