Oil and Gas Exploration and Production
In the year 2006, foundation laying ceremony for the first Nigerian private refineryOrient Petroleum Refinery (OPR) was made at Aguleri area. The Orient Petroleum Resource Ltd, (OPRL) owners of OPR, was licensed in June 2002, by the Federal Government to construct a private refinery with a capacity of 55,000 barrels per day (~7,500 t/d).
In 2012, following the efforts of Governor Peter Obi and other stakeholders of Orient Petroleum, Anambra State became an oil producing state. The indigenous company recorded breakthrough in its oil prospecting in the Anambra River basin.
On August 2, 2015, the management of Orient Petroleum Resources Plc said the company planned to increase its crude oil production to 3,000 barrels per day by September, 2015, as it stepped up production activities in two new oil wells in its Aguleri oil fields. An indigenous company Nails and Stanley Ltd was to establish a gas plant at Umueje in Ayamelum Local Government Area to support economic activities in Oil and Gas industry in the State.