Nigeria’s four refineries will resume production next month, a spokesman for the state-run oil group said Thursday, raising hope of an end to perennial petrol shortages that have plagued Africa’s largest crude producer.

“The refineries at Warri, Port Harcourt and Kaduna will resume next month after a successful turn-around-maintenance (overhaul) of their facilities,” Ohi Alegbe of
the Nigerian National Petroleum Corporation
(NNPC) told AFP.

“The turn-around-maintenance has been on for some time. We did not just want to make any noise about it. The refineries will start production as soon as they have delivery of crude oil for refining,” he said.

The NNPC has four refineries — two in Port
Harcourt in the south, one in northern Kaduna and another in southern Warri, with a combined installed capacity of 445,000 barrels per day.

A network of pipelines and depots located throughout the country link these refineries. Nigeria’s Refineries Nigeria produces a massive two million barrels of crude oil a day, but has to
export it due to a lack of working refineries. It then imports fuel back into the country at international market prices — a situation blamed on corruption and mismanagement.

To cushion the blow on the general population, the government sells fuel on the streets at subsidised prices, and makes up for the higher amounts spent by importers by reimbursing them the difference — a system seen as rife with false claims and overpayments.

Last month, a crippling fuel shortage almost grounded Nigeria to a halt, as fuel importers and marketers shut their depots to protest some $1 billion (900 million euros) in unpaid reimbursements.

http://www.newsheadlines.com.ng/latest-news/2015/06/19/goodnews-nigerias-4-refineries-to-resume-production-next-month-nnpc-official/

I really wish this refineries starts working before dangote refinery because the man is already saying he is going to buy arsenal when his refinery starting working. Note am not against dat but atleast no monopoly on that.

W

Good news

Good news.

The protection 'seeker' and his crew will not be happy after reading this.

Great

Our refineries were never faulty.

Go go go PMB/GMB sky no be limit

We love you and we pray for you

I smell conspirarcy by the cabals and their corrupt govt. Partners..................

nothing stops our refineries operating in full capacity all these years..................... Nigeria's problems for decades now is '' 'LEADERSHIP '' '

When the head is corrupt, what do u expect..