A Review of the Nigerian Energy Industry

Belemaoil to build floating refinery, create 12,000 jobs 

Mkpoikana Udoma
30 January 2018, Sweetcrude, Port Harcourt – An indigenous oil firm, Belemaoil Producing Limited, has announced plans to provide additional 12,000 direct jobs in the oil and gas sector before the end of 2018.
President and founder of Belemaoil, Mr. Jackrich Tein, explained that the company was expecting to construct more pipelines, and  set up a floating refinery and a gas processing unit soon.
Speaking on the sidelines of the NNPC/Belemaoil Joint Venture Scholarship award in Port Harcourt, Tein explained that all as been set but the company was awaiting approval from the Minister of Petroleum Resources, President Muhammadu Buhari.
He further disclosed that the Belemaoil model was about creating wealth for people especially in its host communities.
According to him, “Right now we have our offshore floating terminal sailed into Nigeria. We are expecting to build pipelines,  create additional opportunities based on the proposal that we sent to Mr. President.
“We believed strongly that the President is a man that love the Niger Delta and wants to see employment everywhere. He wants to see that host communities are in harmony with the operators.
“So we believed the President is a strategic ally and that when a meaningful program is put forward, he will support it. So we have put forward a project that will create additional 12,000 direct employment which will turn around the region and people to have jobs.”
The Belemaoil boss also disclosed that the oil firm was also negotiating with what he described as  “ultra-large crude carrier vessel” which he said a floating refinery was going to be built on it.
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