By Michael Eboh with Agency Report

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.

http://www.vanguardngr.com/2015/08/nnpc-shuts-down-warri-refinery-over-crude-oil-shortage/

Oya hand over the wells to militants n let's c if crude will not overflow. Them day fool monkey. Now, don't fool Nigerians, this is to close any voucher for remitting any crude exploits for now. The operation is under full progress but for the time being the entire profit made at this time will be unaccounted for. NNPC make Una speak Warri pidgin take talk this lie well. No be only shortage. Refinery way Dem say Dem stop production many years ago over poor plant maintenance, all of a sudden Dem say the oil don finish. Check the reserve volume as at the time wen Dem say Dem stop to pump oil n ask wetin do the oil. When we talk of oil we should give figures representing what we are talking

The crude don finish for ground. Make them use grease nua!

Ok

Shortage Of Crude , Yet We keep Exporting Million Barrels Of Crude Oil On A Daily Basis.

Nigeria is not just ready to refine it's own crude to prefer importing finished goods.

Blame the oil Cabals

NNPC and its troubles!

NNPC don come again o.
Buhari oya let your body language correct this

Really...

OOps....

Buhari's granting of licenses to the private operators suddenly makes sense.....hope it works.

NNPC is a mess.....the new broom there should clean it up.

Looks like we still have issues with the refineries. This is going to make oil subsidy difficult to justify. Closed refineries.....means more imported fuel. Which we have to subsidize. Bad idea.

Make i read comments

Body language, it SILVERMANIA again

Body language is working

Bad news.What's the solution to get it up and runnin?

Can't stop laughing please.

Shortage of supply when the crude oil never dry? They're just looking for a way to bring in their own business man ( NIDAS Marine Limited) nothing more

Poliporpor:
Oya hand over the wells to militants n let's c if cruse will not overflow. Them day fool monkey. Now, don't fool itself Nigerians, this is to close any voucher for remitting any crude exploits for now. The operation is under full progress but for the time being the entire profit made at this time will be unaccounted for. NNPC make Una speak Warri pidgin take talk this lie well. No be only shortage. Refinery way Dem say Dem stop production many years ago over poor plant maintenance, all of a sudden Dem say the oil don finish. Check the reserve volume as at the time wen Dem say Dem stop to pump oil n ask wetin do the oil. When we talk of oil we should give figures representing what we are talking

U get mouth.... U Don talk am finish

Ok

PDP the saboteurs at work.

Enough of this Crude Oli en Refinery story everyday.Diversify this shi**y Economy..

hmm!!! warri pple actually different 4rm oda Nigerians





una well done ooo.....

PMB working fully in charge since 1900!

Now North Problem Continue

Tales by the moonlight

really?

timilehing:
Can't stop laughing please.

Shortage of supply when the crude oil never dry? They're just looking for a way to bring in their own business man ( NIDAS Marine Limited) nothing more

they al knw wat dy'r doin

H

Oil pipeline vandals clap for una selves.

If pipeline was ruptured in 2013, why has it taken this long to effect repairs on it, Even when the pipeline protection contract was given to militants?

What was the economic logic behind protecting the pipelines by militants when crude was not pumped through it?

Waiting for it to be reopened by Tuesday next week. we dey wait..

area. na me go lock am dey wan finish am aba

kachysblog:
By Michael Eboh with Agency Report

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.

http://www.vanguardngr.com/2015/08/nnpc-shuts-down-warri-refinery-over-crude-oil-shortage/

Dictatator, Terrorist, Pedophile and dullard of aso rock PMB of the zoo called Nigeria has brought change.

I was at escravos terminal last week when federal govt delegates came for d terminal audit. they never bothered entering NNPC office. The spent not more than five minutes in our DPR office. this is a team that came for audit.I just wonder hw they usually come up with d news they read to us.I know vessel maritime jewel lifts crude oil from escravos to warri refinery of which we monitor, and there has never been any lapses on d documentation of d crude lifting. I wonder where this crude oil shortage is coming from