Chukzyfcb:
Why is this news? Both refineries have always been producing between 6-7million litre/day for years now. So what are we celebrating?
We consume 40million litres daily and our half dead refineries produce just 10-12million litres of pms and we shuld jump up & be happy? We can sha celebrate mediocrity!!!
We should celebrate when we can be able to refine enough pms to fill our 40million litres/day need #kapish

rottennaija:
It's good to be back again after about 3 days of ban. Please,any mod that feels uneasy with my comment should stop reading them.

Back to business of the evening.

I like the part that says “ What we have done is to find a very creative way of bringing investors who will come in, work with our team here who have the skills, reactivate and upgrade facilities in these refineries’’, the minister disclosed.
According to him, the investors will also help us to provide technical support and they will be paid through the flow out of refined products over a period of time which is why we have also changed the refining model such that refineries pay for their crude so it goes into federation account.
He explained that whatever they produce is theirs and they sell to one huge customer which will be both Nigerian Petroleum Marketing Company (NPMC) and the marketers themselves and that enables them to keep the refineries going after the upgrade so that the problem we have in the past of not repairing the refineries will not reoccur."

emamos:


http://www.vanguardngr.com/2016/04/port-harcourt-warri-refineries-producing-7m-litres-pms-kachikwu/

989900B:
If all the refineries are working at 70% or more, we should be able to get north of 15 million litres daily, and if smuggling and pipeline vandalism is checked, we should have more stable power supply, reducing our daily consumption of PMS, AGO, and DPK -- reducing our refined products import, and conserving Forex, checkmating inflation.

EmmaOgbu:
Kachikwu !!! Not long ago u said that FG can't afford 700m dollars to repair our refineries, now your saying that two out of the three refineries are already producing. Choo I hope ur not lying? Cos if you do, we will transfer you to the ministry of information.
But for now let me go dust my generator.

deeflamez:



Relax, he was talking about full repair & upgrade for them to run at optimum capacity. A refinery might be functioning but recording more losses than gains. It's like complaining of your badly maintained car that emits excess carbon monoxide & guzzles fuel yet your wife's stubborn kidbro steals fuel from your tank, bursts your tires & blows your gasket. Still you need to drive to work & spend money fixing what you were still fixing or saving for a new one...while domestic bills need to be met.

In otherwords, our refineries are messed up, but we need fuel, gas for electricity, polypropylene & other by-products. The more pipelines are vandalized & we ignore, support or don't stop it. We'll keep taking that 'wrecked car' back to the mechanic for repairs...until a day it refuses to cough...and then we'll be stranded, the entire Nation in perpetual darkness, stands still. Even phone companies & airports will shutdown. This time for a long time because the damage might then be unfixable. And then we'll probably go back to playing the 'blame game'.

olajizz01:
That 7m litre/per day is roughly 231 tankers/per day out of 1000plus tankers they said they are releasing per day,i swear,Nigeria as a country is a disgrace,a country with abundant crude oil close to four decade but cannot refine crude oil that will suffice her citizens,what a country punished with selfish,greedy and useless leaders for decades

diegwu01:

Appreciate the progress being made,
Import reduced,
foreign exchange saved,
SS & SE Consumers taken care of,
Refineries back on stream.
the 231 per day is a lot 1600 tankers in a week