NIGERIA: Dangote concludes USD 3.3-billion loan agreement for USD 9-billion refinery, petrochemical project

The complex, scheduled for completion by 2017, will include a 400,000-b/d refinery, a polypropylene (PP) plant with about 600,000 t/y of capacity and a 2.75-million-t/y ammonia and urea facility.

Dangote said UOP has been awarded contracts for construction of the refinery and PP plant.

No other details were given.

Source: Weekly "PetroChemical News", Durham, NC, USA; 9 Sept 2013
(Syed Rashid Ali, Karachi, Pakistan)