Business

NNPC set to hand over Warri, Kaduna refineries to private operators— Report

The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to hand over the operations and maintenance of the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company to private operators.

This decision is geared towards engaging reputable and credible Operations and Maintenance (O&M) companies to manage these facilities more effectively.

This was revealed in a statement released on Friday, August 30, 2024, through NNPCL’s official handle on X.

The Warri Refinery, located in Delta State, was commissioned in 1978 and is a complex conversion refinery with a nameplate distillation capacity of 6.25 million metric tons per annum (MTA), equivalent to 125,000 barrels per day (bpd).

The refinery complex also includes a petrochemical plant commissioned in 1988, with production capacities of 13,000 MTA of polypropylene and 18,000 MTA of carbon black.

The facility primarily supplies petroleum products to markets in the southern and southwestern regions of Nigeria.

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Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com