Petroci wants to revive its new $120m oil terminal, with Parlym CI in the mix
Côte d’Ivoire’s state-owned oil company, Société nationale d’opérations pétrolières de Côte d’Ivoire (Petroci), is waiting on the government’s approval of its plan to restart its new oil terminal project in Abidjan.
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▪ Petroci wants to revive its new $120m oil terminal, with Parlym CI in the mix
▪ Côte d’Ivoire’s state-owned oil company, Société nationale d’opérations pétrolières de Côte d’Ivoire (Petroci), is waiting on the government’s approval of its plan to restart its new oil terminal project in Abidjan.
With a project cost of around $120m, the terminal will be financed using a blend of equity and bank loans. The project was set up after Petroci’s existing jetty terminal was partially destroyed by large waves during construction works to widen the Vridi Canal, the main route to the Port of Abidjan from the Atlantic Ocean.
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