Refineries’ rehabilitation on course – NNPC

The Nigerian National Petroleum Corporation says the programme for the rehabilitation and upgrading of the existing refineries is on course.

NNPC Group Managing Director, Mele Kyari, said this in Abuja yesterday while delivering the keynote address at the 2021 Nigeria Oil and Gas Conference and Exhibition (NOG 2021).

He said while work had started on the Port Harcourt Refinery Company, work would soon start on the Warri Refining and Petrochemical Company Limited and the Kaduna Refining and Petrochemical Company Limited.

Speaking on the topic: ‘Vision and Priorities for Nigeria’s Energy Transformation’, Kyari said the NNPC was working towards bridging the energy gap to multiply wealth for its varied stakeholders.

He said that the corporation had completed the Escravos Lagos Pipeline System Phase II project, thereby expanding the gas supply channel for domestic gas utilization, adding that it has also kick-started the AjaokutaKaduna-Kano gas pipeline project; while the Obiafu-Obrikom-Oben gas pipeline project was billed for completion soon.

He said the NNPC and its partners were harnessing and exploiting the nation’s huge gas potentials one of which was the Nigeria Liquefied Natural Gas Train 7 project.

“The NNPC plans to take 20% equity in the Dangote Refinery and acquire stakes in other private modular and condensate refineries in the country. Our priority is to meet our local fuel demand because that’s the right way to go thereby making Nigeria to become the hub of petroleum products supply to other African countries in the years ahead,” he said.