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Issues In The News

Refineries Will Operate at Full Capacity by 2016 – NNPC

Nigerian National Petroleum Corporation (NNPC), has assured Nigerians that the nation’s refineries will operate at full capacity by 2016.

The Group Executive Director (GED), Refining and Petrochemicals, Mr Ian Udoh in an interview with the News Agency of Nigeria (NAN) said “We are rehabilitating them, and we have started the programme of phase rehabilitation using local resources and in house competencies spread over a period of 18 months which started in October last year.

“By the end of this year (2015) or early next year, the refineries will be a significant better position than they are right now.

“It is gradual, we ordered a lot of materials, and as they come, we install them using our local in house resources.

“It is on-going process but we allow reliability of our refineries to continue to improve across the period. This is so because most of our problems have to do with reliability of the plants.”

He added that the company is making use of engineers that had been working with it for a while; he said “We are familiar with them and they are also familiar with the plants over a period of 18 months.

“We kicked off in October, and the refineries are gradually coming back the way it should be, without handing out any big controversial contract award.”

http://www.theheraldng.com/refineries-will-operate-full-capacity-2016-nnpc/

About TransformationWatch

TransformationWatch is an online news site founded by Henry Omoregie It is focused on keeping tabs on the Transformation Agenda set out by the Nigerian leadership in the Local, State and Federal Governments. My mission is to observe, analyze and report milestones or slowdowns in promised service delivery in all the facets of governance in Nigeria (2011 and beyond). Readership is open to all Nigerians and friends of Nigeria alike, regardless of Tribe, Religion or Political divide. We are all in this together

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