iwatch:


The South and middle belt can come together because majority are educated enough to put religion aside than those in core north who neither have the education nor the foresight to do likewise .

abescom:
Some people will neither like nor believe this news as it is not a negative news that they can masturbatee on.

Gradually Nigeria is getting there. But people who help the mess PDP created in 16 years should be cleared in 4 years won't believe.

MrHighSea:
Another talk talk

edo3:
Election don come,,many campaign promises that will never come to fulfilment..

2face song comes to mind,,''E be like say dem want to tell me anoda story again o''..

Nigerians,,let's rise above ethnic n religious sentiments and fight collectively against these few set of humans that has made our lives and that of our children seems not promising enough as compare to theirs and that of their children..

polis007:
This pre-emptive, I'm expecting even more to come. It's all attempt to cut their losses Since the news of Dangote 650 barrel per day is almost becoming a reality. These are
some refineries that have been benefitting from the current status quo. Thank God for Dangote for taking the bulls by the horn, he doesn't bluff.

YourImaginaryBF:
they are not supposed to be ready until until 2019. You should commend what is commendable.

DEHVEHLOP:
Okechukwu Nnodim , Abuja
The Nigerian National Petroleum Corporation on Tuesday announced plans to establish a 100 , 000 -barrels -per -day brownfield refinery each in Port Harcourt , Rivers State and in Warri , Delta State .
It said the plan was part of its refinery collocation initiative designed to boost local refining capacity to end the era of petroleum products importation , adding that a group of investors had commenced the process of relocating a refinery that used to be owned by BP from Turkey to Nigeria .
READ ALSO : Youths protest against sit -tight Rep, Dickson ’ s aide declares bid
The Group Managing Director , NNPC , Maikanti Baru , disclosed this while speaking on efforts being made to achieve self - sufficiency in local refining besides the rehabilitation of Nigerian refineries .
According to a statement issued by the corporation ’s Group General Manager , Group Public Affairs Division , Ndu Ughamadu , in Abuja , Baru said that the refinery from Turkey would be relocated and installed near the Port Harcourt refinery under the NNPC refinery collocation initiative .
He was quoted as saying , “Our collocation initiative aimed at getting private sector investors to bring in brownfield refineries so that they can share facilities is also yielding results . For example , there is one that is going to be brought in from Turkey to be located near the Port Harcourt refinery .
“It’ s not a modular refinery ; it’s a normal refinery with about 100 ,00 bpd capacity. It was owned by the BP , but it has been sold off now to the companies that want to bring it over from Turkey to install it here .”
Baru further explained that a similar plan to establish a brownfield refinery near the Warri refinery was also in the offing .
“There is another one of about the same size being looked at to be sited near the Warri refinery . But the one for Port Harcourt is at a more advanced stage . Our drive at the NNPC , as a leader in the industry , is to expand our local refining capacity and make Nigeria a global refining hub ,” he said .
The NNPC. in an apparent response to reports of a possible resort to “proceed of gas tariffs” as a new means of funding because of purported collapse of negotiation with Chinese lenders , said the contractor finance arrangement was still intact .
READ ALSO : Dankwanbo holds closed -door meeting with Obasanjo
It said the Engineering Procurement Construction contractors and possible lenders were currently in Dubai to discuss the financing terms .





https://punchng.com/nnpc-investors-to-relocate-refinery-from-turkey-to-nigeria/

obi58:


Lie lie.

Which one is supposed to be ready by 2019?

Which of the modular refineries is currently at 30% completion?

Which of the existing refineries has been refurbished after 3 years to even 50% capacity? Which one of the refineries? How much has been spent on these refineries in the last 3 years? What timeline has been set for their completion?

I won't even bother to ask about the dangote refinery that this government seems to be relying on over and above our existing refineries.

Now they are talking of expanding refineries? How are these projects going to be funded if public? If private, what timeline has been set for completion?

People should stop playing with the intelligence of Nigerians please.

DEHVEHLOP:
Okechukwu Nnodim , Abuja
The Nigerian National Petroleum Corporation on Tuesday announced plans to establish a 100 , 000 -barrels -per -day brownfield refinery each in Port Harcourt , Rivers State and in Warri , Delta State .
It said the plan was part of its refinery collocation initiative designed to boost local refining capacity to end the era of petroleum products importation , adding that a group of investors had commenced the process of relocating a refinery that used to be owned by BP from Turkey to Nigeria .
READ ALSO : Youths protest against sit -tight Rep, Dickson ’ s aide declares bid
The Group Managing Director , NNPC , Maikanti Baru , disclosed this while speaking on efforts being made to achieve self - sufficiency in local refining besides the rehabilitation of Nigerian refineries .
According to a statement issued by the corporation ’s Group General Manager , Group Public Affairs Division , Ndu Ughamadu , in Abuja , Baru said that the refinery from Turkey would be relocated and installed near the Port Harcourt refinery under the NNPC refinery collocation initiative .
He was quoted as saying , “Our collocation initiative aimed at getting private sector investors to bring in brownfield refineries so that they can share facilities is also yielding results . For example , there is one that is going to be brought in from Turkey to be located near the Port Harcourt refinery .
“It’ s not a modular refinery ; it’s a normal refinery with about 100 ,00 bpd capacity. It was owned by the BP , but it has been sold off now to the companies that want to bring it over from Turkey to install it here .”
Baru further explained that a similar plan to establish a brownfield refinery near the Warri refinery was also in the offing .
“There is another one of about the same size being looked at to be sited near the Warri refinery . But the one for Port Harcourt is at a more advanced stage . Our drive at the NNPC , as a leader in the industry , is to expand our local refining capacity and make Nigeria a global refining hub ,” he said .
The NNPC. in an apparent response to reports of a possible resort to “proceed of gas tariffs” as a new means of funding because of purported collapse of negotiation with Chinese lenders , said the contractor finance arrangement was still intact .
READ ALSO : Dankwanbo holds closed -door meeting with Obasanjo
It said the Engineering Procurement Construction contractors and possible lenders were currently in Dubai to discuss the financing terms .





https://punchng.com/nnpc-investors-to-relocate-refinery-from-turkey-to-nigeria/

edo3:
Election don come,,many campaign promises that will never come to fulfilment..

2face song comes to mind,,''E be like say dem want to tell me anoda story again o''..

Nigerians,,let's rise above ethnic n religious sentiments and fight collectively against these few set of humans that has made our lives and that of our children seems not promising enough as compare to theirs and that of their children..

YourImaginaryBF:
tell all these to the last 16yrs of the pdp misrule, dangote's refinery is not due for completion until 2019.

obi58:


Are we still in the PDP administration?
Get your head out of your arse and account for the past 3 years your government has been in power?

Where are the functional refineries now that we have the so called change?

We are still hearing 'will' and 'shall'

YourImaginaryBF:
educated yet so divided they disagree over almost everything. Laughable

YourImaginaryBF:
How many refineries did the PDP build in the last 16years? Dangote's refinery is still a work in progress.

obi58:


Oga can you account for what exactly APC has done in the past 3 years and stop referring to the PDP?

PDP was voted out for not performing.

Can you provide evidence of what your government has done to boost our local refining capacity in the last 3 years?

Where is the change?

YourImaginaryBF:

Here you go
https://www.nairaland.com/4437332/overview-dangote-refinery-plant-lagos

obi58:


Na wa Bros.

I sorry for you o.

You no get single achievement to mention sotayyyyy you go carry Dangote refinery mention. Na una APC government dey fund the project?

All the subsidy money wey Una say Una no dey pay, wetin Una don use dem for the existing refineries in the past 3yrs?

O ma se ooooo

deepwater:


All fabrication? What level of technology do you think we have in Nigeria self.

Ok the machining and fitting will be done overseas and brought back here for welding?

How many CNC machine do we have in this country? How many industrial parks run without private power generators, my dear it's not just wishful thinking.

Nigeria is designed to fail at this pace
I bet you, one Turkish boy wey no finish primary six na him go boss our graduate engineers for Onne fab. yard last last

YourImaginaryBF:
Has dangote not been in Nigeria all these years? Whats stopped him from establishing this refinery until now? U just yarning dust.

Greenarrow01:
These people should better do these things fast.
By 2030
The world would be relying more on electric cars than cars powered by fosil fuels. They just have about 25 tears to go.
Cos the rate at which elon musk is going.... not to talk about the clones in china