{"id":346932,"date":"2020-04-16T10:49:57","date_gmt":"2020-04-16T05:19:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346932"},"modified":"2020-04-16T11:15:01","modified_gmt":"2020-04-16T05:45:01","slug":"gp-global-acquires-lubricants-assets-of-nigerias-grand-petroleum","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gp-global-acquires-lubricants-assets-of-nigerias-grand-petroleum\/","title":{"rendered":"GP Global acquires lubricants assets of Nigeria\u2019s Grand Petroleum"},"content":{"rendered":"<p>GP Global, an energy-to-agriculture conglomerate, has acquired Nigeria-based Grand Petroleum\u2019s lubricants assets, to strengthen its presence in Nigeria and West Africa, for an undisclosed sum. <\/p>\n<p>Grand Petroleum is a part of Nigeria\u2019s Nosak Group, the company said in a statement. <\/p>\n<p>The acquisition includes assets such as a lubricants brand (HiSpeed) and a blending plant with annual capacity of about 50,000 tonnes in Lagos, which includes storage tanks with a capacity of 6,000 kilolitres. <\/p>\n<p>\u201cNigeria is one of the core markets for our lubricants and base oil business with a significant opportunity now opening up to expand our presence in Africa. We have already built a strong lubricant market share in India and the Middle East.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GP Global, an energy-to-agriculture conglomerate, has acquired Nigeria-based Grand Petroleum\u2019s lubricants assets, to strengthen its presence in Nigeria and West Africa, for an undisclosed sum. Grand Petroleum is a part of Nigeria\u2019s Nosak Group, the company said in a statement. The acquisition includes assets such as a lubricants brand (HiSpeed) and a blending plant with annual capacity of about 50,000 tonnes in Lagos, which includes storage tanks with a capacity of 6,000 kilolitres. \u201cNigeria is one of the core markets for our lubricants and base oil business with a significant opportunity now opening up to expand our presence in Africa. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-346932","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346932"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346932\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}