Friday, 24 May 2024.

Top 5 This Week

Related News

Kaduna Refinery will resume 60% production in December – NNPCL

By Mo Isa

The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday, 30th April, said the Kaduna Refining and Petrochemicals Company (KRPC) rehabilitation will be completed by the end of 2024.

The Managing Director of KRPC, Mustafa Sugungun, disclosed this during an oversight visit to the refinery by Senate Adhoc Committee on Petroleum Downstream members led by Senator Ifeanyi Ubah.

He explained that the 110,000-barrel-per-day refinery will start producing at 60 per cent capacity by the end of the year, while full production will take place subsequently.

The KRPC boss explained that the rehabilitation work, which is presently at 40 per cent, is expected to be completed within the stipulated time frame.

READ ALSO: No backdoor arrangement to reinstate Ningi – Senate

He said, “Our rehabilitation is going on well and steadily according to the plan we have. We are planning to bring this plant to 60 per cent nominal capacity by December 31st, 2024.

“Currently, we are heading towards 40 per cent of rehabilitation. We remain committed to bringing back the plant at least 60 per cent of our nominal capacity.

“The overall capacity of Kaduna Refinery is 110, 000 barrels per day, but we are starting with only 60 per cent of that. And in less than one year, we will attain the 110,000 capacity.

“So this initial plant operation is for 60 percent Nigerian crude and 50, 000 barrels of imported crude. Imported crude is mainly for lubricants and other petrochemical aspect of it.”

On his part, Senator Ubah said that the oversight visit was part of the collaborative effort of President Bola Tinubu and the National Assembly to ensure that all the nation’s refineries are brought back to life, and consequently enable the country to end the importation of petroleum products.

The Kaduna refinery was established in 1980 to supply petroleum products to Nigeria’s Northern region, with a capacity of producing 110,000 barrels per day of crude oil.

For many years, the Kaduna refinery, just like its counterparts in Port Harcourt and Warri, has been out of production, leaving the country to rely heavily on imported petroleum products.

Culled from New Telegraph

Mo Isa
Mo Isa
Mo Isa is writer whose pen only curate the latest news within your neighbourhood.

Latest News