By Ochuko Akuopha

OLEH—Following agitations by stakeholders, Onose Deep Oil and Gas Limited, has reached an agreement with foreign and local financial/technical partners to construct a modular crude oil refinery at Ellu community, Isoko North Local Government Area, Delta State.

File: Refinery

The company, in a statement by its Executive Secretary, Mr. Jim Elueni, said that the foreign partners include United States of America-based modular plant manufacturer which will be responsible for the project’s ISBL aspects and Financial Bridge, USA, which will provide finance and coordinate the project.

Elueni said the local partner; Rainbow Network Global Synergy Ltd will be in charge of civil engineering works, disclosing that the company was motivated by former Chief of Defense Staff, Gen Alexander Ogomudia (retd) and Senator James Manager.

According to him, the 4×12000 bpd modular refinery project is to address the current fuel crisis in the country and create employment for Nigerians.