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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)
SSA/IA

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

The earth is ours ploud not to plounder!

It's okay.

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

More l will from a failing government

interesting.