NNPC said Friday in a publication on its Tweeter handle that it was seeking to engage reputable and credible operations and maintenance companies to operate and maintain the Port Harcourt, Warri and Kaduna Refineries to ensure reliability and sustainability to meet the nation’s fuel supply obligation.
The signing indicated the contract for the repair of the 210,000 barrels per-day-refinery had taken off. The Federal Executive Council approved the contract in March, a decision many analysts criticised as wasteful.Nigeria has four refineries owned by the government, but imports its refined petroleum products. The approval for the Port Harcourt Refinery was welcomed with mixed reactions as the country in the past spent billions of dollars on refinery maintenance with no success.
He also said the country would have to live with importation of petroleum product, especially petrol, for another four years if the country ventures into building a new refinery.In March, the Minister of State for Petroleum, Timipre Sylva, said the rehabilitation will be done in three phases of 18, 24 and 44 months.
Na now day break abi...?
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