By Onozure Dania
Lagos—An indigenous oil firm, Brittania-U Nigeria Limited, owned by a female oil magnate, Mrs.Uju Ifejika, has commenced operation in crude oil export terminal in the Niger Delta region.
A leader in Nigeria’s petroleum industry, Brittania-U, also a major player in the upstream and downstream sectors, has joined other multi-national oil companies in the troubled oil rich region especially at a time multi-national oil companies are exiting the region following insurgencies.
The company, between December 21 and 26, 2016, lifted its first cargo of 129, 000 barrels at its newly established Ajapa terminal.
The terminal began its operational life when the country is facing a lot of operational challenges in the crude oil industry especially in the Niger Delta region.
Brittania-U has a strong reserve base and proven track record of converting contingent resources to reserves.