{"id":13204,"date":"2017-05-15T14:27:32","date_gmt":"2017-05-15T13:27:32","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=13204"},"modified":"2017-05-15T14:27:32","modified_gmt":"2017-05-15T13:27:32","slug":"oando-in-talks-to-help-eni-fix-port-harcourt-refinery","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/oando-in-talks-to-help-eni-fix-port-harcourt-refinery\/","title":{"rendered":"Oando in talks to help Eni fix Port Harcourt refinery"},"content":{"rendered":"<p>Oando Plc said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West African nation&#8217;s four refineries.<\/p>\n<p>Nigeria, an OPEC oil producer with refining capacity on paper of 445,000 barrels per day (bpd), imports most of its gasoline needs because its refineries have been shut or running at reduced capacity for years due to neglect and vandalism.<\/p>\n<p>According to Reuters, the minister of state petroleum, Emmanuel Ibe Kachikwu, had said last week Eni would build a new refinery with capacity of 150,000 bpd, using its Agip subsidiary.<\/p>\n<p>The agreement with Eni also included a repair, operate and maintenance (ROM) agreement for the Port Harcout plant.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>Oando said in a public notice on Monday it was in talks to partner with Agip in rehabilitating the Port Harcourt plant, returning its capacity to the original design level of 210,000 bpd from just 30 percent of that now.<\/p>\n<p>Oando said talks were expected to lead to a final agreement by the end of July.<\/p>\n<p>&nbsp;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Oando Plc said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West African nation&#8217;s four refineries. Nigeria, an OPEC oil producer with refining capacity on paper of 445,000 barrels per day (bpd), imports most of its gasoline needs because its refineries have been shut or &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":11,"featured_media":13135,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[652],"coauthors":[2392,2393],"class_list":["post-13204","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-oando"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oando in talks to help Eni fix Port Harcourt refinery - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/oando-in-talks-to-help-eni-fix-port-harcourt-refinery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oando in talks to help Eni fix Port Harcourt refinery - National Wire\" \/>\n<meta property=\"og:description\" content=\"Oando Plc said on Monday it was in talks to work with Italian energy company Eni to rehabilitate one of the West African nation&#8217;s four refineries. Nigeria, an OPEC oil producer with refining capacity on paper of 445,000 barrels per day (bpd), imports most of its gasoline needs because its refineries have been shut or &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/oando-in-talks-to-help-eni-fix-port-harcourt-refinery\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-15T13:27:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/05\/wale_tinubu.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"610\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dayo Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/oando-in-talks-to-help-eni-fix-port-harcourt-refinery\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/05\/wale_tinubu.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/05\/wale_tinubu.jpg\",\"width\":610,\"height\":445,\"caption\":\"Oando Plc Chief Executive Wale Tinubu speaks during a Reuters interview in Lagos, January 13, 2009. Nigeria's top fuel retailer and gas distributor Oando Plc plans more acquisitions to grow its upstream business and produce 100,000 barrels per day of crude oil by 2013, its chief executive said in an interview. Picture taken January 13, 2009. 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Nigeria's top fuel retailer and gas distributor Oando Plc plans more acquisitions to grow its upstream business and produce 100,000 barrels per day of crude oil by 2013, its chief executive said in an interview. Picture taken January 13, 2009. 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