CVI 0.00% 0.3¢ cvi energy corporation limited

different wording in shareholders update

  1. 5,778 Posts.
    Deanshanger Project Limited (“Deanshanger”), a leading
    infrastructure development and finance group in Nigeria,
    have agreed to enter into a joint venture with CityView to
    acquire a 55,000 bpsd crude oil refinery for installation
    in the Delta state of Nigeria. Ownership will be CityView
    one-third and Deanshanger two-thirds. The financing
    to acquire CityView’s share will be undertaken by a
    syndicate of European investors.
    The refinery will produce LPG, jet fuel, kerosene, gasoline,
    diesel and other related products which are currently
    short in the domestic market and therefore being mostly
    imported from outside Nigeria
 
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Currently unlisted public company.

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