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Kaduna Refinery To Save Nigeria $5.33 Million Daily - Business - Nairaland

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Kaduna Refinery To Save Nigeria $5.33 Million Daily by Kangol99(m): 7:56pm On Aug 11, 2015
Kaduna Refining and
Petrochemicals Company
(KRPC), will save about $5.33
million daily for the country
when the refinery hits 90 per
cent production capacity, the
refinery’s manager in charge
of production programming
and quality control, Shehu
Malami, has said.

Speaking at a two-day annual
Energy Correspondents
Workshop, themed
“Development Communication:
An Imperative for the Oil And
Gas Industry” in Kano, Mr.
Malami said KRPC, otherwise
known as Kaduna Refinery,
would soon hit 90 per cent
production of its installed
capacity.

PREMIUM TIMES gathered that
the refinery operated at 60 per
cent production capacity
before commencement of the
Turn Around Maintenance
(TAM) in October last year.

Giving the breakdown on
different petroleum products,
the manager said the nation
will save $1.892million daily on
petrol alone.
“The impact of KRPC
operations on the economy
means that if the refinery
operates at 90 percent
capacity, it will save the nation
$1.892million from importation
of Premium Motor Spirit (PMS).
“At same 90 percent, KRPC will
save $672,546 daily on
importation of Kerosene, $1.86
million daily on import of
diesel, $176,727 daily on
importation of LPG and
$727,306 million daily on
import of Fuel Oil.
“This represents a total savings
of $5.33 million daily for fuel
products only,” he said in a
paper he delivered.

Mr. Malami said the refinery is expected to produce 4,624,650 liters of PMS (petrol) when it attains 90 per cent capacity in the first quota of 2016 as against its current 60 per cent status of 3,083,100 liters.

According to him, the volume of Kerosene production will rise to 1,849,500 liters at 90 per cent capacity as against the current 1,233,000 liters production at 60 per cent capacity.

Continue reading>> www.premiumtimesng.com/business/oil-and-gas/188095-kaduna-refinery-to-save-nigeria-5-33-million-daily.html
Re: Kaduna Refinery To Save Nigeria $5.33 Million Daily by Nobody: 7:57pm On Aug 11, 2015
Very good.
Re: Kaduna Refinery To Save Nigeria $5.33 Million Daily by demmy0325(m): 8:00pm On Aug 11, 2015
shocked

(1) (Reply)

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