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Eko Modular Refinery Gets N360m Grant

he United States of America Trade and Development Agency (USTDA) has approved a grant of $1 million (N360 million) for the detailed engineering design of 20,000 barrel per day (bpd) modular refinery in Lagos. The Head, Media Communications, Integrated Oil and Gas Limited, Mr. Enyeribe Anyanwu who disclosed this in a statement said that the USA Ambassador to Nigeria, Mr. Stuart Symington confirmed the development during the official signing of the agreement in Lagos. Symington commended the initiative of Eko petrochemical and refining company’s management just as he expressed the hope that the proposed 200, 000 barrel per day (bpd) production refinery would attract more investments to the country and develop host communities. His words: ‘‘The grant was meant for detail engineering design and development of the proposed refinery in Tomaro Industrial Park in Lagos. I feel honoured to be part of the success story. I also promised to support the projects to actualisation...