Nigeria's government nears completion of a $3.3bn industrial park for the Brass Fertiliser Petrochemical Company Limited (BFPCL) project.

Nigeria's government announced significant progress on the Brass Fertiliser Petrochemical Company Limited (BFPCL) project, nearing completion of a $3.3 billion industrial park. A Gas Sales and Purchase Agreement with the NNPC/SPDC Joint Venture is set to finalize before September 30, 2024, facilitating project execution. Additionally, agreements with Chinese investors will fund 16 methanol-powered vessels for product transport, aiming for financial closure by December 31, 2024.

September 10, 2024
6 Articles