The Federal Government said on Monday that it would refine more than one million barrels of petrol per day (bpd) by 2014.
The Minister for Petroleum Resources, Mrs Diezani Alison-Madueke, disclosed this at the Society for Petroleum Engineers (SPE) yearly conference and exhibition in Abuja.
Alison-Madueke said that the nation’s refining capacity would receive significant boost in the next three years with the building of three new refineries.
According to the minister, the turn-around maintenance of the four refineries in the country will be handled by the companies that first built them to ensure efficiency.
“The new refineries and the old ones will actually give us the result that we desire in this country,’’ she said.
The minister said that the turn-around maintenance of the four refineries would be completed within 24 months, beginning with the Port Harcourt refinery.
The Group Managing Director of NNPC, Mr Austen Oniwon, said that a Japanese firm, vast in the repairs of refinery, would handle the Port Harcourt refinery.
Oniwon said that talks were on with another firm in Italy, adding that hopefully by next year, the firms would move into Port Harcourt refinery to begin work.
“It is not just the turn-around maintenance, it is the full rehabilitation of the refineries,’’ he said.
According to Oniwon, the refineries have no limited capacity and there is not going to be a major change in configuration of the facility since the plant is still the same.
He said the major challenge of one of the refineries was the imbalance in one of the units, which had been expanded by the licensor of the unit in July.
“So our team will be going to U.K. to meet with the consultant to review the feasibility study.
“Thereafter we will engage the financiers and the contractors to examine the feasibility study to determine appropriately the type and the configuration of the Greenfield refineries,’’ Oniwon said.
(NAN)
Click to signup for FREE news updates, latest information and hottest gists everydayThe Minister for Petroleum Resources, Mrs Diezani Alison-Madueke, disclosed this at the Society for Petroleum Engineers (SPE) yearly conference and exhibition in Abuja.
Nigeria's Minister of Petroleum Diezani Allison-Madueke
According to the minister, the turn-around maintenance of the four refineries in the country will be handled by the companies that first built them to ensure efficiency.
“The new refineries and the old ones will actually give us the result that we desire in this country,’’ she said.
The minister said that the turn-around maintenance of the four refineries would be completed within 24 months, beginning with the Port Harcourt refinery.
The Group Managing Director of NNPC, Mr Austen Oniwon, said that a Japanese firm, vast in the repairs of refinery, would handle the Port Harcourt refinery.
Oniwon said that talks were on with another firm in Italy, adding that hopefully by next year, the firms would move into Port Harcourt refinery to begin work.
“It is not just the turn-around maintenance, it is the full rehabilitation of the refineries,’’ he said.
According to Oniwon, the refineries have no limited capacity and there is not going to be a major change in configuration of the facility since the plant is still the same.
He said the major challenge of one of the refineries was the imbalance in one of the units, which had been expanded by the licensor of the unit in July.
“So our team will be going to U.K. to meet with the consultant to review the feasibility study.
“Thereafter we will engage the financiers and the contractors to examine the feasibility study to determine appropriately the type and the configuration of the Greenfield refineries,’’ Oniwon said.
(NAN)
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