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Nairaland Forum / Nairaland / General / Politics / NNPC Shuts Down Warri Refinery Over Crude Oil Shortage (792 Views)
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NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by Nobody: 2:54am On Aug 29, 2015 |
The Nigerian National Petroleum Corporation,
NNPC, yesterday, stated that it has shut down
the Warri Refineries due to operational
challenges.
Group General Manager, Group Public Affairs
Division of the NNPC, Mr. Ohi Alegbe, who
disclosed this, noted, however, that the refinery
is expected to be reopened for operations on
Tuesday.
According to him, the decision to shut down the
Warri refinery was taken because there was
insufficient crude oil in the system.
“They are supposed to have at least a 25-day
sufficiency in the supply of crude. So because of
the depletion in the volume of crude they have
had to temporarily shut down.
“It was shut down on Monday. This is a
temporary measure and it should be up and
running by Tuesday.”
The NNPC, had a few days ago, stated that after
proper evaluation and in line with the terms of
contract for the delivery of crude oil to the
nation’s refineries in Warri, Port Harcourt and
Kaduna, the Corporation has cancelled the
current contract due to exorbitant cost and
inappropriate process of engagement.
The NNPC had stated that this measure is aimed
at reducing cost and strengthening the
operational efficiency across its value chain.
As a stop-gap measure, the NNPC said it has
engaged NIDAS Marine Limited, a subsidiary of
the NNPC, to provide crude delivery service on
negotiated industry standard rate pending the
establishment of substantive contract.
The NNPC, however, explained that it resorted to
the delivery of crude oil to the refineries by
marine vessels following incessant attacks on
the Bonny-Port Harcourt refinery pipeline and the
Escravos crude pipelines by vandals and oil
thieves resulting in the complete unavailability of
the pipelines in 2013.
“We have also commenced a rigorous and
transparent process of securing capable and
competitive contractors for the delivery of crude
oil by marine vessels to Port Harcourt and Warri/
Kaduna Refineries pending the restoration of the
crude pipeline infrastructure,’’ the corporation
added.
The NNPC further disclosed that it had obtained
the permission of President Muhammadu Buhari
to kick-start the tendering process for the
2015/2016 Crude Oil Term Contract for the
evacuation of Nigeria’s crude oil equity from the
various crude and condensate production
arrangements.
According to the NNPC, the process which would
commence with the advertisement of the Crude
Oil Term contract in both National and
International print media for a period of one
month has been carefully structured to weed out
‘briefcase companies’ and rent seekers. source: vanguard cc lalasticlala |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by ladyF(f): 2:57am On Aug 29, 2015 |
Eeyah...they won't understand what their pipeline vandalism is doing to Nigeria as a whole... |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by Gombs(m): 2:58am On Aug 29, 2015 |
The poster above me is a... White rice. She stole my land.
|
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by WizyTechs: 3:02am On Aug 29, 2015 |
Like seriously? [size=20pt]WizyTechs Dot Com[/size] |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by seedgreen(m): 3:02am On Aug 29, 2015 |
Gombs:how's the all night going? |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by sylvar02(m): 3:04am On Aug 29, 2015 |
always the case |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by Gombs(m): 3:04am On Aug 29, 2015 |
seedgreen: Hehehe.. Movie time. We watched (was watching, while I was posting) a soul winning short video. Yours nko? |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by seedgreen(m): 3:08am On Aug 29, 2015 |
Gombs:RON talk show. Then game time. Its been fun all through. |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by Gombs(m): 3:16am On Aug 29, 2015 |
seedgreen: You know how we roll na. |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by seedgreen(m): 3:21am On Aug 29, 2015 |
Gombs:sure. No place like home. We sabi who we be! |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by Gombs(m): 3:23am On Aug 29, 2015 |
seedgreen:
|
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by likila: 3:28am On Aug 29, 2015 |
foolish government. wasting money left right and center |
Re: NNPC Shuts Down Warri Refinery Over Crude Oil Shortage by Davijunson: 4:24am On Aug 29, 2015 |
why am I not surprised it's jes the Warri Refinery.? my Signature. |
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