Tuesday 28 February 2017

Int'l consortium presents $20b Ogidigben Industrial Park investment plan to Osinbajo

Posted on 04:35 by Steve Igbokwe

Dubai-based consortium, AGMC on Tuesday presented a $20bn investment plan to Acting President Yemi Osinbajo, for the Ogidigben Gas Industrial Park.

The consortium is made up of GSE&C of South Korea, China Development Bank, and Power China among others.

The Ogidigben Industrial Park is located about 60km from Warri, in Delta State and about 1km away from the operational base of Chevron Nigeria Limited.

When completed, the park will be connected to more than 18 trillion Cubic Feet of gas reserves in fields such as Odidi, Okan and Forcados, all located within a 50km radius.

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