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Nairaland Forum / Nairaland / General / Politics / P-harcourt Refinery To Reduce Fuel Import By 40% (586 Views)
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P-harcourt Refinery To Reduce Fuel Import By 40% by ANBAKO: 2:02am On Aug 10, 2015 |
The New Port Harcourt Refining Company, PHRC 2, is now ready for the production of more premium motor spirit, PMS, popularly called petrol, and will reduce fuel import by 40 per cent when fully operational. When the FCCUs are re-streamed, the refinery will be working at 95 per cent of its 150,000 barrels per day capacity, it is expected that petrol importation will reduce. This was disclosed to journalists, weekend, by Chrome Oil Services, a member of the Chrome Group, one of the three contractors, handling the phased rehabilitation of the refinery. Recall that Vanguard Sweetcrude had exclusively reported last week that the four Nigerian refineries are weak in petrol production and high in fuel oils because the FCCUs were still undergoing rehabilitation. The Project Manager, Chrome Oil Services, Mr. Bombey Adigbara, said: “The job on the FCCUs is about 98 percent completed and by next weekend, we will hand over and the FCCUs will be re-streamed and the refinery will be working at about 95 percent of its throughput. “Three companies participated in this phased works and COS is the first, and we are still doing the work. At the moment, the refinery has started preliminary production, which means that it is Unit 1 that is producing. “The Unit 3 is being handled by Chrome, and by the end of next week, we will hand over the plant and the FCCs will be streamed. When this is done, we will start experiencing high level of PMS production in Nigeria. So, all the critical jobs are being done by us.” He disclosed that there are three major contractors handling the ongoing phased rehabilitation of PHRC, namely Chrome, DKJ/ITC, and DBM. According to him, “The FCC is 98 per cent completed. The FCC has a lot of critical components and it is also vendor specific, so you have to have a lot of experience to work in that place. We have achieved 98 per cent and when it comes up you will have a reduction in the importation of PMS.” Chrome capacity Adigbara also dismissed widespread speculations about the capacity of Chrome Oil Services to execute refinery TAM, saying before the 1999/2000 TAM for PHRC, Chrome had carried out a number of works for the Kaduna and Warri refineries as well as the Indorama Elema Petrochemical Company. Besides, he noted, Chrome had remained at PHRC since the 2000 TAM till date, offering intervention services, adding that in 2015 alone, Chrome had dome more than 50 jobs in the refinery to keep it running. Feedstock/swap agreements Also speaking, Executive Chairman, Chrome Group, Sir Emeka Offor, noted that the problem with the refineries is not just about TAM, which should be done every two years, but also with the lack of crude supply following government’s swap and offshore processing agreement, OPA. According to him, “the issue with the refinery is not only TAM but lack of feedstock to sustain their operations. The cost of TAM is very high and if you finish TAM and no feedstock then it is not economical.” He also added that pipelines vandalism came to compound the issues, saying: “Federal Government and NNPC must ensure adequate supervision of the pipelines to reduce vandalism to the barest levels.” Source: http://www.vanguardngr.com/2015/08/p-harcourt-refinery-to-reduce-fuel-import-by-40/#sthash.KPQOpQjH.dpuf |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by Nobody: 2:05am On Aug 10, 2015 |
Nigeria is working,few yrs more,God ll settle us,amen. |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by dokiOloye(m): 2:12am On Aug 10, 2015 |
Up Jona Up chrome Oil Up Emeka Offor Up Biafra 2 Likes |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by mekonglobal(m): 2:12am On Aug 10, 2015 |
Dats what i'm talking about.....Pls lets sustain d tempo *Forward ever! backward......... |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by bewla(m): 2:14am On Aug 10, 2015 |
Nigeria is working .
BABA is working
Nigeria is moving
More to come 1 Like |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by dustmalik: 2:52am On Aug 10, 2015 |
Under Buhari's watch, Nigeria must be great again. God Bless PMB God Bless Nigeria 3 Likes |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by Cutehector(m): 3:25am On Aug 10, 2015 |
I rememba the front page comment on sun newspaper wen buhari was elected presidnt elect of nigeria.. And it was this Sai Baba Wen u move, things move |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by Nobody: 4:05am On Aug 10, 2015 |
Good news |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by Gracebegatme: 4:09am On Aug 10, 2015 |
It is certain that Buhari is the Moses of our time through which Nigeria will be delivered from every thing that represents Egypt,the Joshua that will take us to the promise land is who i dont know. GOD BLESS NIGERIA! GOD BLESS PMB! GOD BLESS PYO! 1 Like |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by kennyman2000(m): 4:10am On Aug 10, 2015 |
Good one... |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by wapSmart(m): 4:37am On Aug 10, 2015 |
Starting the new week with such a gargatuan news.. We will surely get to our Shangri-La GEJ - You the boss Sai Baba - You the "Oga-Boss" |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by ki02020(m): 4:47am On Aug 10, 2015 |
If this is true then the naira is about to more muscle..... Long live PMB Long live positive change in nigeria Long live the federal republic of nigeria |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by koboko69: 4:56am On Aug 10, 2015 |
IS IT NOT INTERESTING HOW THE WAILING WAILER BLAMES THE ECONOMIC WOES AND ATTACKS BY BH WHICH STARTED AND ELEVATED UNDER JONATHAN'S WATCH ON BUHARI, BUT THEY ARE QUICK TO GIVE JONATHAN THE GLORY FOR IMPROVED POWER SUPPLY AND WORKING REFINERIES? DO YOU GUYS REMEMBER THE POWER MINISTER THAT WAS FORCED TO RESIGN WHEN HE WAS DOING HIS BEST TO MAKE POWER STEADY UNDER JONATHAN? DO YOU REMEMBER DASUKI SAID JONATHAN'S WEAPONS AGAINST BH ARE STILL SOMEWHERE ON THE HIGH SEA, OR BETTER STILL IN AN IMAGINARY COUNTRY WHERE SOME "ELEMENTS" ARE BLOCKING THE SHIPMENT? THANK GOD FOR DELIVERING US FROM THIS EVIL CLUTCHES!!!! PMB TILL INFINITI...... |
Re: P-harcourt Refinery To Reduce Fuel Import By 40% by ANBAKO: 9:10am On Aug 10, 2015 |
The real change we are all craving for. I hope that this is not just another talk for the newsprints cc Lalasticalala |
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