History and Future Strategy of Oando
Future Strategy - Main Capital Projects
Project
BADAGRY
TERMINAL
210,000 MT Terminal Facility
Larger import volumes & efficient and reduced handling charges
Description
Development of a new Petroleum
product storage terminal of 210,000
MT storage capacity
Rationale
Oando
Address infrastructure/congestion challenge in Apapa axis
Natural deep-water draft for berthing larger cargo at reduced cost
Superior hinterland connectivity for ease of product distribution
Construct a state of the art facility that would change Terminaling
business in Nigeria
2015
Current
Commence & complete FEED,
Concept study, EIA, BFD, PEP on
Badagry Terminal
(36
2017
Mid-Term
Secure all necessary Regulatory approvals
• Commence phase I development
2019
Long-Term
• Compete phase I development
• Commence operations in phase I
HU
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