Friday 31 July 2015

P/H, Warri Refineries Begin Daily Production Of 8.5m Litres Of Petrol

The Nigerian National Petroleum Corporation
(NNPC) has announced that the Port
Harcourt and Warri refineries have been
successfully re-streamed after a nine
months’ phased rehabilitation exercise
conducted by its in-house engineers and
technicians.
This was contained in a statement issued
yesterday where the corporation revealed
that while the Port Harcourt refinery is
ramping up its operation to about 60 per
cent of its 210,000 barrels per day name
plate capacity, Warri refinery production is
projected to hit 80 per cent of its installed
125,000 bpd capacity.
“The nominated partners, as sole-bidders
came up with humongous price offers after
two years of thorough and exhaustive scope
of work definition and price negotiations.
The proxies were also unwilling to provide
post- rehabilitation performance
guarantees,” the statement said.
It added however, that the phased
rehabilitation strategy which entailed
simultaneous rehabilitation of all the
refineries using in-house and locally
available resources in line with the Nigerian
content law, also involved the use of original
equipment manufacturer representatives to
effect major equipment overhaul and
rehabilitation.
The corporation informed that the
rehabilitation programme which started in
October 2014, after the required funding
stream was established, created a 70 per
cent reduction in costs which helped largely
in mitigating the financing challenges of
refinery rehabilitation.
With the successful re-streaming of these
refineries, attention has now moved to the
110,000 barrels per day Kaduna refining and
petrochemicals company which is billed to
come on stream soon, the NNPC said.
This comes as the corporation also
disclosed that it has successfully recovered
the System 2B pipeline which was breached
last week at Arepo, Ogun State.
Alegbe noted that the team of engineers who
were deployed to the scene of the incident
were able to access the pipeline after the
fire was put out and commenced repair
work immediately.
“Pumping of products through the system
commenced on Monday upon successful
completion of repair work over the weekend.
We also wish to call on all those engaged in
the criminal acts of pipeline sabotage and oil
theft to desist in order to avoid such
horrendous deaths as was witnessed in the
recent incident,”.he said.

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