During the country's national budget presentation, Trinidad's Finance Minister, Colm Imbert, revealed the shortlist, highlighting Oando as one of three companies competing to revitalise the long-defunct refinery.
"After evaluating 10 initial proposals, we narrowed down to three final contenders," Imbert said, listing Oando alongside Trinidad's CRO Consortium and American energy firm INCA Energy.
"A formal Request for Proposals process will now follow, aimed at selecting the company best suited to restart the refinery, should it prove feasible," he added, underscoring the strategic criteria that guided the selection.
The move highlights contrasting fortunes for Nigeria's oil refineries.
Missed production deadlines at the Port Harcourt refinery further underscore Nigeria's struggle to revive domestic production...
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