News
Kaduna Refinery Set To Resume 60% Production Capacity In December — NNPCL
The Management of the Nigerian National Petroleum Company Limited (NNPCL) has said the rehabilitation of the Kaduna Refining and Petrochemicals Company (KRPC) will be completed by the end of 2024 after years of being shut down due to lack of maintenance.
The Managing Director of KRPC, Mustafa Sugungun, disclosed this on Monday during an oversight visit to the refinery by members of the Senate Adhoc Committee on Petroleum Downstream led by Senator Ifeanyi Ubah. He explained that the 110,000-barrel-per-day refinery will start producing at 60 percent 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 percent, is expected to be completed within the stipulated time frame.
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 percent nominal capacity by December 31st, 2024. “Currently, we are heading towards 40 percent of rehabilitation. We remain committed to bringing back the plant at least 60 percent of our nominal capacity. “The overall capacity of Kaduna Refinery is 110, 000 barels per day, but we are starting with only 60 percent 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 the 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.
-
Society News4 years ago
Jamaican man beheads wife after finding out their 6 kids are not his
-
Society News6 years ago
EXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
News5 years ago
Pastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News5 years ago
BREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
News4 years ago
BREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime5 years ago
Exclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
-
News4 years ago
BREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
-
Society News5 years ago
The Rise and Fall of “Jumoke The Bread Seller”
You must be logged in to post a comment Login