Business

Kaduna refinery to begin 60% production by December — NNPCL

The management of the Nigerian National Petroleum Company Limited (NNPCL) has said the rehabilitation of the Kaduna Refining and Petrochemicals Company (KRPC) will be completed by the end of 2024 after years of being shut down due to lack of maintenance.

The managing director of KRPC, Mustafa Sugungun, stated this on Monday when members of the Senate Adhoc Committee on Petroleum Downstream led by Senator Ifeanyi Ubah paid an oversight visit to the refinery.

According to the KRPC boss, the 110,000-barrel-per-day refinery will start producing at 60 percent capacity by the end of the year saying full production will take place subsequently.

Sugungun, however, added that the rehabilitation work, which is presently at 40 percent, is expected to be completed within the stipulated time frame.

“Our rehabilitation is going on well and steadily according to the plan we have. We are planning to bring this plant to 60 percent nominal capacity by December 31st, 2024.

“Currently, we are heading towards 40 percent of rehabilitation. We remain committed to bringing back the plant at least 60 percent of our nominal capacity.

“The overall capacity of Kaduna Refinery is 110, 000 barrels per day, but we are starting with only 60 percent of that. And in less than one year, we will attain the 110,000 capacity.

“So this initial plant operation is for 60 percent Nigerian crude and 50, 000 barrels of imported crude. Imported crude is mainly for lubricants and other petrochemical aspect of it.”

Senator Ubah, in his remarks, said the oversight visit was part of the collaborative effort of President Bola Tinubu and the National Assembly to ensure that all the nation’s refineries are brought back to life, and consequently enable the country to end the importation of petroleum products.

The Kaduna Refinery, with a capacity of producing 110,000 barrels of crude oil per day, was established in 1980 to supply petroleum products to the northern region of Nigeria.

Taofeek Lawal

Recent Posts

Why I want INEC to probe Tinubu’s minister— Reps member

"I kept quiet because, at that point, I believed that I won the election and…

9 minutes ago

Scrapping foreign scholarships in order — ASUU

THE Academic Staff Union of Universities (ASUU) has lauded the Federal Government for scrapping foreign…

24 minutes ago

Over 70 per cent of consumers switched brands in 2024 — Expert

  • Says Brands must know their customers to enhance loyalty A marketing communications practitioner,…

44 minutes ago

$700m CVFF: Indigenous shipowners scramble for mergers over 15 per cent equity

NIGERIAN shipowners are currently in a state of confusion over possible mergers and collaboration following…

54 minutes ago

Despite N700bn revenue boost in 2024, consumers groan under power supply, metering, charges burdens

• 11 Discos received 203,116 complaints in H2, 2020 • Members spent N1.11trn on alternative…

1 hour ago

Telecoms, banks, mobility brands demonstrate resilience, top media performance charts in Q1, 2025 — Report

The nation’s commercial banking, ride-hailing, and telecommunications sectors dominated the list of brands that demonstrated…

2 hours ago

Welcome

Install

This website uses cookies.