Kaduna – The Group Manading Director of the
Nigerian National Petroleum Corporation (NNPC), Dr.
Emmanuel Ibe- Kachikwu, on Wednesday in Kaduna
said the Federal Government would consider
establishing new refineries for optimal performance
of the oil sector.
Kachikwu stated this, while addressing Energy
Correspondents shortly after he was conducted round
the Kaduna Refining Petrochemical Company (KRPC)
in Kaduna.
The GMD said the NNPC was working to get the
refineries across the country to work to their optimal
production with “new business modules, new
commercial modules and new approach on how we
can get to where we should be.
“What is obtainable is that most of our refineries are
close to 30 to 40 years old; we need to begin to look
at building new refineries in the same land space
where they can share facilities so that you will have
something to lean on when these old ones are
beginning to kick out.
“Obviously, we need new modules because with this
modules it won’t get us very rapidly. Three out of the
six units of the plants were down.
“Some of them for a very long period. We need to sit
down and see what modules, how do you turn around
the new refinery. How do you work on emergency
basis components of the ones that is there.
“Kaduna has a very unique place in my heart like I
said because I grew up in Kano and I used to come
here often.
“It is so key for the survival of the economy of
Kaduna State and the rest of the North and we really
need to focus on getting this things work and getting
it to expand.
“Without them we are not going to get out of
problems of fuel supply, power supply and all that.
So we are going to have a whole commercial
structure,a whole engineering structure; a lot needs
to be done different from models we are pursuing
right now “.
According to him, “what really is the truth about
refineries is that a lot needs to be done in terms of
applying different model of development. So we are
going to be working to clarify those solutions”.
He said the NNPC management was committed to
ensure that within the next 90 days time frame some
elements of the KRPC plant would work the way they
would be expected.
“But never will we get it to where I will love it to be.
So simultaneous reserve will enhance process to see
the rest of the units getting to some level of
maintenance and repairs.
“ On security of the pipelines, we are doing quite a
lot.
“Aas you are aware that we are working with the
security forces to enhance the Warri to Kaduna points
and they have been tested now for integrity and I
think by my understanding for the last testing is that
is fairly okay now to take control if the FCC units are
working.
“So on a short term basis, we have been able to deal
with that medium term basis; we are going to work
with the security agencies to ensure that the sort of
destruction you find on pipelines not just from Warri
to Kaduna, but the whole country, becomes a thing of
the past.
“We working on a very enhanced, very robust, very
accelerated programme with the security forces to
deal with that.
“We are trying everything that we can to it and we
are sending a body language that the business of
messing around with the pipelines is over and I think
the message is going round as laud as ever.“
On the issue of crude oil swap deals, the NNPC boss
said that the essence of the swap cancellation was
that the company was saving over 200 million dollars
by virtue of doing that.
“You have transparency in the deal per month and
you have transparency that embedded in those
processes.“
Kachikwu said that sufficiency and issue of efficiency
had nothing to do with canceling or non canceling
crude swaps.
“You less discretion by whoever is making decision in
terms of allocation. We can leave trading and focus
on what is more important in the oil industry. I can
assure you that there are structures put in place.
“You will get product the way you need it. We are
working on that. Even though we have canceled swap,
you are going to have replacement swap contract
lined along very efficient and very transparent
processes that will save us lot of money.
“The refineries are not working to global best
practice right now; they are all down, so what are we
talking about global practices. We are dealing with
major situation where pipelines have perpetually
tools for destruction.“(NAN)




www.vanguardngr.com/2015/09/fg-to-build-new-refineries-for-optimal-performance-of-oil-sector-nnpc-boss/


Cc: Seun, Lalasticlala

Impressive!
Nigeria shall be great again.
God bless President Muhammadu Buhari

Are we still in campaign period.The one the dullard promised has been denied or yet to be fulfilled.

This l will tufiakwa government for you

Nigeria needs to move from a consumer country to a producer of major goods, Agriculture and mining has great importance in that regard...Buhari, even before becoming president has been stressing the need to go back to the days of the groundnut pyramid and the rest. I believe that by the end of 2016, Nigeria will be achieving great things because of this Buhari.

Ok

Very funny

This man is slowly becoming another noise maker like the CBN gov. Mister, please shut up, and tell Nigerians what is possible not some fairy dream. You cannot update pipelines for crude delivery, yet you are talking of new refineries.

I've seen the word "modules" used several times in the article. Something tells me it should have been "models" instead.

If/when this is accomplished amidst all the odds the nation's economy currently faces, it would bury PDP forever.

Nigerians, even the wailers, would realise what a deceitful bunch of criminals populate that party that trampled on their destiny for sixteen horrid years.

atlwireles:
This man is slowly becoming another noise maker like the CBN gov. Mister, please shut up, and tell Nigerians what is possible not some fairy dream. You cannot update pipelines for crude delivery, yet you are talking of new refineries.

This is one classic example of a Nigerian that got his brain totally fvcked up by years of bad governance- they don't believe any good thing is possible.

They think this is Jonathan's government that swore to build refineries after slashing subsidies yet couldn't even build one as small as those ramshackle mini refineries built by hustlers in the creeks. They think this is Jonathan's government run my a man who swore to go on exile if he doesn't complete the second Niger bridge before 2015.

Goon, e go be you like dream when the goodies of this government begin dey slap you for ya ugly face, that is if you never begin receive the slaps sef.


SAI BABA!!!!





Ps: guys watch how he gets mad and start throwing tantrums, yelping, thrashing, meowing- predictable as an irritable puppy.

MichaelSokoto:
.

If them no show face Wail, nairaland politics section no go get water (tears) to pour for our beutiful flowers naw. Him own even bad pass Mogidi own sef.

[s]

omenka:
This is one classic example of a Nigerian that got his brain totally fvcked up by years of bad governance- they don't believe any good thing is possible.

They think this is Jonathan's government that swore to build refineries after slashing subsidies yet couldn't even build one as small as those ramshackle mini refineries built by hustlers in the creeks. They think this is Jonathan's government run my a man who swore to go on exile if he doesn't complete the second Niger bridge before 2015.

Goon, e go be you like dream when the goodies of this government begin dey slap you for ya ugly face, that is if you never begin receive the slaps sef.


SAI BABA!!!!





Ps: guys watch how he gets mad and start throwing tantrums, yelping, thrashing, meowing- predictable as an irritable puppy.

[/s]

Almajiri when will your suicide bomb explode?

The dulllard is killing Nigeria's economy, repeating the same errors that left Nigeria in a mess. Instead of getting good actors to build more refineries and even take over the moribund ones the government wasted billions to build and which did not live up to expectation, buy became a conduit for corruption. Buhari is building more of the same.