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Brass Oil and Gas City

Brass Oil and Gas City is a project that is proposed to position Nigeria as a leading hub for downstream oil & gas manufacturing and industrial activities in Africa. It is located in Brass Island, Brass in Bayelsa State and designed to evolve into one of the largest petrochemical, fertilizer, refinery and hydrocarbon processing hubs in the world. These projects will facilitate the development of a world class export-oriented oil and gas processing city in Nigeria. So far $3.5b investments have been committed to projects in the BOG. There is a working relationship between the Authority and Bayelsa State Government for a successful stake-off of the free zone.

Why invest in OGFZ?
  • Round-the-clock operation (365 days, 7 days a week).
  • Ability to hold duty Free stock in a strategic location central to West Africa sub-Saharan region, enabling streamlined procurement logistics with reduced inventory requirement.
  • 75% duty rebate.
  • Computerized Free Zones Inventory Management System.
  • Tax Incentives
  • Direct access to sea and same-day turnaround of supply vessels operation.
  • Single-point responsibility and vessel operations, cargo handling, warehousing, personnel, agency etc.
  • Production in handling operations, no double handling.
  • Increased efficiency in exploration and production activities with better project co-ordination and management.
  • Ability to share both facilities and services.

 

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