History and Future Strategy of Oando
Future Strategy - Main Capital Projects
Project
APAPA
SPM
JETTY
45,000 MT Midstream Jetty
Berthing of larger import volumes & improved efficiency
Description
New marina jetty and 1-Km subsea
pipeline at the Lagos Apapa port
(Phase II: SPM system & 15km
subsea pipeline from Atlantic)
Rationale
Savings on shipping costs and demurrage:
Oando
Being able to berth larger vessels (30-45,000 tonne cargo
capacity)
Avoiding constant delays caused by infrastructure constraints
in the Lagos area
Increase utilisation of existing storage
2015
Current
• Complete ASPM Onshore & Offshore
pipelines
• Commence tie ins with major marketers
• Effect necessary repairs on LOJ
• Secure outstanding approvals
• Commence operations
2017
Mid-Term
• Secure contract with more marketers and
increase profitability
Complete tie-ins with major marketers
2019
Long-Term
• Complete Phase II:SPM and 15km subsea
pipeline from Atlantic ocean.
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