• Oil & Gas

    Indorama Port Operations To Boost Nigeria’s Economy

    Industry players and experts have described the OIS Indorama Port Limited as a multi-purpose port terminal at Onne Ports Complex that will boost Nigerian economy. Built from a swampy wasteland, designed by reputed international engineering companies, and constructed by renowned local companies, the project cost Indorama a whooping US $130 million. The facility has a 295-metre multipurpose jetty, storage facilities suitable for fertilizer consisting of a 45,000 metric tons warehouse for urea with an automated material handling system and a modern ship loader. The port terminal has the capacity to handle up to 2 million tons per annum of dry bulk urea exports, which is serving as a platform for…

  • National News,  Oil & Gas

    NNPC To Cut Fuel Imports • Signs $50m Contract To Overhaul Refineries

    The Nigerian National Petroleum Corporation (NNPC) has again announced plans to revamp the nation’s four refineries to help the country save billions of dollars it expends annually on fuel imports. To this end, Inside Eleme gathered that the corporation has awarded a contract worth about $50 million to Italy’s Maire Tecnimont to carry out checks and equipment inspections of Port Harcourt refinery. The Port Harcourt refinery overhaul would be followed by the Warri and Kaduna refineries, according to Reuters report. Minister of State for Petroleum, Dr. Ibe Kachikwu hinted recently that the federal government would raise $1.2 billion to upgrade the four refineries as it plans to end reliance on…

  • Headline News,  Oil & Gas

    Port Manager Applauds Indorama’s Strides • Says Indorama Has Made Onne Port Very Active

    Alhaji Alhassan Ismaila, Port Manager, Onne Port Complex has said that Indorama has contributed to the development of the Nigeria maritime industry. He said: “Indorama has contributed a lot to the maritime industry because they have built a brand new terminal inside Onne Port here, which is an export terminal. It is a two-berth terminal which started operation in 2016. The terminal is state-of-the-art, with a modern ship loader and it has a water depth of 11 metres that is able to handle vessels of 40,000 – 50,000 metric tons. Speaking in an interview, the port manager said when Indorama started operations, they were averaging one vessel per month in…

  • Oil & Gas

    Emere Mba-Ngei & Alesa Vs Indorama & Others: Ruling On Preliminary Objections For Jan 30

    The Federal High Court sitting in Port Harcourt has fixed January 30th for ruling on preliminary objections in the matter seeking inclusion of Alesa Community as one of the host communities of Indorama Eleme Petrochemicals Limited. There were five objections raised by the defendants on different grounds: They argued that they were wrongly joined as parties, that the suit discloses no cause of action against them, that they are non-existent persons and that the Court generally lacks jurisdiction to hear the matter. All the objections were heard in court and the plaintiffs, Johnson Emere Mba-Ngei and Alesa Community opposed all the preliminary objections through their lawyer, C. A. Emenketi who…