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Nigeria,United Kingdom : BP PLC inks contract to develop bio fuel.

BP PLC, UK based leading global oil and gas company, has inked a partnership contract with Ekiti State in Nigeria, to develop bio fuel.

As per the contract, BP PLC will join forces with Ekiti State Government, to develop bio fuel in addition to crude and refined oil products. Both parties have also agreed to work together in the power sector.

The state is particularly interested in ethanol (bio fuel) because of the global bio fuel initiative and the power initiative of BP PLC. The state is also willing to partner with other notable companies and institutions in the area of agriculture, in the bid to industrialize the state, said Ekiti Governor Kayode Fayemi.

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Publication:Mena Report
Geographic Code:6NIGR
Date:May 11, 2012
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