Finance a project to produce compressed natural gas from existing oil wellsThe Business
The Company started operations over a decade ago, and now operates in various segments of the oil and gas industry. The Company intends to expand its stake in the sector by producing compressed natural gas from existing oil wells. A contract has been executed with respective parties including equipment vendors. The Company’s turnover has grown over the past five years from $40m to an average of $100m. The oil and gas sector of the Nigerian economy continues to witness deregulation and liberalization. The current trend is the attempt to increase local content in the sector. This has given opportunity to indigenous players who will want to expand their existing business in the sector.
Market
The oil and gas sector of the Nigerian economy continues to witness deregulation and liberalization. The current trend is the attempt to increase local content in the sector. This has given opportunity to indigenous players who will want to expand their existing business in the sector.
Sector: EnergySegment: Compressed Natural GasRegion: AfricaFinancing Size: More than $100mContact: Philippe Der Megreditchian
Company: OLMATelephone: +33 6 03 88 30 13Email: [email protected]
