Senate votes to halt Eni’s deal with Oando over Port Harcourt refinery

The Senate has voted to halt a concession agreement with the local division of Italian oil company Eni to repair, operate and maintain Port Harcourt refinery, saying the deal lacked transparency, according to Reuters .

Members of the Senate voted to back the motion brought by Senator Sabo Mohammed. The motion was titled: “Non-transparent transaction relating to the planned concession of the Port Harcourt refinery to Agip and Oando by the Ministry of Petroleum Resources.” Agip is a subsidiary of Eni.

The Senate will now set up an ad hoc committee to investigate the concession award. Eni said in May it was in talks to work with Nigerian energy company Oando on the deal as part of an effort to increase refining levels. While Eni could not be reached, Oando spokesman Ainoije Irune, according to Reuters, said: “We are willing and available to provide as much clarification on the issue as the Senate requires.”


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