Eleme Fertilizer

active

The Project (‘Eleme Fertilizer’) consists of the construction of a nitrogenous Fertilizer Complex at the existing Eleme Petrochemicals site in Port-Harcourt, Nigeria. The project will include an Ammonia plant, a Urea production plant, supporting boundary infrastructure, and an 84km gas pipeline from the gas supplier’s facilities. Total plant capacity will be 2,300 metric tons per day (MTPD) of ammonia, and 4,000 MTPD of granulated urea. A new port terminal will also be constructed at the nearby Onne Port to support the fertilizer complex; however the port is not being financed by the IFC. With exception of the external natural gas facilities, all main associated off sites and utilities necessary to make the fertilizer plant self-supporting are already in existence at the Eleme Petrochemicals Complex. At completion, Eleme Fertilizer will supply the domestic fertilizer market in Nigeria, and also export directly into the international urea market. The plant is expected to be completed and commence operations by early 2016.The IFC plans to support the project by providing senior debt, mobilizing 3rd party funding, and potentially making an equity investment.