The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation and ZED Energy Limited on Friday in Abuja signed shareholders agreement on the construction of Brass Petroleum Products Terminal Limited (BPPT), to be located at Okpoama, Brass Local Government Area, Bayelsa State. The estimated cost of the project is N10.5bn (Ten Billion, Five Hundred Million Naira). NCDMB and NNPC own 30 percent respectively while ZED Energy – a private firm holds 40 percent and would operate the terminal upon completion. The terminal would make refined petroleum products…
Read MoreNCDMB, NNPC invest in N10.5bn Brass Petroleum Products Terminal
