The Nigerian National Petroleum Corporation, NNPC, has announced that the newly re-opened Port Harcourt and Warri refineries are back in production and now producing a combined amount of seven million litres of Petrol per day.
The Minister of State for Petroleum Resources and Group Managing Director of the NNPC, Dr. Ibe Kachikwu, made the development known in a statement in Abuja while re-commissioning the Bonny-Port Harcourt Refinery crude pipeline that had been rehabilitated after being out of use due to incessant pipeline vandalism. According to Kachikwu, Port Harcourt Refining Company now produces five million litres of petrol while the Warri Refining and Petrochemical Company also produces two million liters of petrol per day.
Kachikwu added further that the Kaduna Refining and Petrochemical Company will also commence production shortly adding that the coming on stream of the three refineries would go a long way in ensuring sufficient supply and distribution of petrol across the country.
“Port Harcourt is back in production, Warri is back in production, Kaduna as at today is receiving crude and will soon be back in production. Lagos is easing off now from fuel scarcity and Abuja is doing the same thing and once Kaduna begins production, the North will see a lot of improvement,” he explained.
He maintained that the commercial governance model system was being introduced into the management of refineries so as to keep them in business and to enable them compete favourably in the hydrocarbon value chain.
“What we have done is to find a very creative way of bringing investors who will come in, work with our team here who have the skills, reactivate and upgrade facilities in these refineries’’, the minister stated.