Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » NNPC to begin refineries revamp in second quarter

    NNPC to begin refineries revamp in second quarter

    March 13, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    *NNPC operated Port Harcourt Refinery.

    Ike Amos
    With Agency Reports

    13 March 2018, Sweetcrude, Abuja —
    The Nigerian National Petroleum Corporation, Tuesday, said the revamp of the country’s refineries would commence in the second quarter of 2018.

    Speaking at the African Refiners Association’s conference in Cape Town, Chief Operating Officer of Refineries and Petrochemicals of the NNPC, Mr. Anibor Kragha, stated that the NNPC was in the final stages of talks with consortiums including top traders, energy majors, and oil services companies to rehabilitate the refineries so as to cut down drastically on fuel importation.

    He said, “We believe that by the second quarter of this year we will start getting the ball rolling on the refurbishment and rehabilitation exercise and believe this will run to the end of next year.

    “We are working with consortia right now, negotiating terms, trying to finalise the time sheets so that we can access the money through the end of 2019 when we believe we will have the minimum 90 percent capacity utilization in place.”

    Related News

    Oil prices tumble following Trump touted Iran-Israel ceasefire

    Tinubu support for Dangote’s plan to reshape downstream sector

    BP and others pulling staff from Iraq oilfields, output steady

    E-book
    Resilience Exhibition

    Latest News

    Rivers Administrator endorses tech path for naval security

    June 24, 2025

    LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

    June 24, 2025

    Oil prices tumble following Trump touted Iran-Israel ceasefire

    June 24, 2025

    Egypt’s Minister of Petroleum to spearhead latest bid round

    June 24, 2025

    Tinubu support for Dangote’s plan to reshape downstream sector

    June 24, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.