Cross River State Governor, Prof. Ben Ayade and his Delta State counterpart, Dr. Ifeanyi Okowa, have inaugurated Fynefield Petroleum FZE’s ultra-modern 40 million-litre capacity petroleum product depot located at the Calabar Free Trade Zone in Cross-River State.
The facility which meets international standards, has a combined capacity of 40,734,724 litres with petrol storage capacity of 20,413,594litres, kerosene storage capacity of 10,157,073 litres and diesel storage capacity of 10,164,057 litres.
Inaugurating the depot, Ayade, expressed his excitement about the investment which he described as a significant milestone and a big boost to the Cross River and the nation’s economy in the areas employment opportunities and speedy distribution of products across the country.
The governor lauded the management of Fynefield Petroleum FZE for choosing Cross River State as the location for the ultra-modern petroleum product depot, “we are very glad you choose to make this huge investment in Calabar, we can assure you that it is a very good decision.”
Managing Director, Fynefield Petroleum FZE, Gabriel Ogbechie, said the ultra-modern depot was built to enrich the distribution chain of petroleum products in the country as the deport will serve Cross River State, neighbouring states like Akwa Ibom, Abia, Imo, Taraba, Plateau, some states in the North-east and the northern part of the county at large.
“This facility will provide direct employment for over fifty individuals and hundreds indirectly because tank trucks will come to the facility from all over the country to lift petroleum products,” he said.
Delivering his goodwill message, the Delta State Governor, Dr. Ifeanyi Okowa, said the project is a huge investment to Cross River State which will provide employment for youths in the state and boost petroleum product distribution chain in the South-south and some northern part of the country.
The facility which meets international standards, has a combined capacity of 40,734,724 litres with petrol storage capacity of 20,413,594litres, kerosene storage capacity of 10,157,073 litres and diesel storage capacity of 10,164,057 litres.
Inaugurating the depot, Ayade, expressed his excitement about the investment which he described as a significant milestone and a big boost to the Cross River and the nation’s economy in the areas employment opportunities and speedy distribution of products across the country.
The governor lauded the management of Fynefield Petroleum FZE for choosing Cross River State as the location for the ultra-modern petroleum product depot, “we are very glad you choose to make this huge investment in Calabar, we can assure you that it is a very good decision.”
Managing Director, Fynefield Petroleum FZE, Gabriel Ogbechie, said the ultra-modern depot was built to enrich the distribution chain of petroleum products in the country as the deport will serve Cross River State, neighbouring states like Akwa Ibom, Abia, Imo, Taraba, Plateau, some states in the North-east and the northern part of the county at large.
“This facility will provide direct employment for over fifty individuals and hundreds indirectly because tank trucks will come to the facility from all over the country to lift petroleum products,” he said.
Delivering his goodwill message, the Delta State Governor, Dr. Ifeanyi Okowa, said the project is a huge investment to Cross River State which will provide employment for youths in the state and boost petroleum product distribution chain in the South-south and some northern part of the country.
No comments:
Post a Comment