Private Refineries: Confusion, As Govt Renews Only 9 Licences

• Operators Claim Ignorance Of Licence Revocation • Firm Secures World Bank’s Guarantee For $2.5b • Amakpe In Crisis, Akwa Ibom To Pull Out Fund THERE are indications that the majority of the 18 private refineries licensed in 2002 by the Federal Government are having an uphill task meeting the requirement for licence renewal. The challenges, it was gathered, range from funding to difficulty in reaching concrete agreements with potential partners/investors.   A search through the official website ...
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Added October 29, 2011
from Guardian News