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.

TO READ MORE NEWS UPDATES; CLICK @ https://www.voiceairmedia.com

NOTE: YOU can join our WhatsApp, Telegram for the news updates you need by sending your name & location to WhatsApp No. @ Wa.me/+2348111142174

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

Recent Posts

Tinubu Announces 21 New Appointments

News Update President Bola Tinubu has approved twenty-one fresh appointments across the National Agricultural Development…

9 hours ago

APC Disqualifies 2 Former Deputy Governors, 5 Others From Osun Guber Race

News Update THE All Progressives Congress (APC) has disqualified the former deputy governor and one…

12 hours ago

Osun LG funds: S’Court delivers judgment

News Update THE Supreme Court on Friday struck out a suit filed by the Osun…

16 hours ago

NHS urged to drop case against nurse over calling transgender Paedophile ‘Mr’ remark

The UK  Conservative Party has urged the NHS to drop its disciplinary action against an NHS nurse who…

16 hours ago

House Of Assembly Speaker, 15 Lawmakers Resign From PDP

News Update Sixteen members of the Rivers state house of assembly have announced their defection…

17 hours ago

Troops rescue 10 abducted women, recover ₦1.6m

The Nigerian Army has rescued 10 women who were kidnapped from their farms in Sanga…

17 hours ago