Pipelines, Storage & Power

Hyundai to build Dangote LPG reservoirs

Hyundai Heavy Industries has signed a $58 million deal to install 15 LPG reservoirs in Nigeria
By Staff reporter 5 April 2018 0 30311

South Korea’s Hyundai Heavy Industries has signed a $58 million deal to install 15 LPG reservoirs for Dangote Oil Refining’s planned refinery in Lagos, Nigeria, according to Agence Ecofin.

Each reservoir will be capable of storing 75,000 cubic metres of LPG.

The tender forms part of Nigeria’s largest refinery project, a $12 billion venture that is expected to generate 235,000 direct and indirect jobs.

No start date for construction has been given, but the plant is expected to come online in late 2018 or...