DO NOT MISS

Friday, June 12

P/H Refinery may resume operation in July, to refine 5m litres of petrol daily

The Group Managing Director (GMD), Nigerian
National Petroleum Corporation (NNPC), Dr
Joseph Dawha, on Thursday said the Port
Harcourt Refinery might resume operation by
July. Dawha said this while addressing newsmen
after a tour of some filling stations in Abuja with
some top management staff of the corporation.
“When the refinery comes up stream in late June
or early July we expect that it will run at least 80
per cent installed capacity. “It will give us a
contribution of about five million litres of
Premium Motor Spirit (PMS) on a daily basis.”
Dawha said the ongoing Turn Around
Maintenance(TAM) of the refineries was a
conscious effort to ensure that they were all
running.
“If the refineries were not in depth or in good
state to process crude for maximum gain there
was no need of sending crude to such refineries
for processing. “What we do is to fix them so that
we can get the real value for products.
“We are satisfied with the level of work carried
out so far at the Port Harcourt Refinery so that if
we start processing crude now we will get value
for the refined products.
“So there will not be distraction as it will be, if
refineries were operating properly.” The GMD also
decried the spate of vandalism of the pipeline in
the country, stressing that the NNPC was working
hard to put in place mechanism to minimise the
menace. He described the situation as “a very
serious matter”, noting that NNPC could not use
the pipeline network supply because of
vandalism.
“If you send products through the vandalised
pipeline then you lose the product. “We cannot
live it that way; we have to repair them but as you
do that, it is vandalised again. It is a very serious
matter. “We are left with the option of trucking
which involves a lot of logistics to succeed.” The
Managing Director of the Pipeline Products
Marketing Company (PPMC), Prince Haruna
Momoh, condemned the recent vandalised
system 2B pipeline of the NNPC in Lagos.
According to him, the system 2B pipeline in Ije
Ododo in Lagos is the most vandalised structure.
He said that already the situation had been
controlled and repair of the pipeline would soon
begin. “As at today, the NNPC imports 50 per cent
of the petroleum products into the country as
part of the 40 million litres daily consumption by
Nigerians.
“The corporation will continue to intensify its
efforts to wet the country with products from its
coastal depots to inland depots.” He said the
NNPC was ready to work with all the relevant
stakeholders in the downstream sector of the Oil
and Gas Industry to end the lingering fuel scarcity..

Post a Comment

 
Copyright © 2014 Biggie's Blog. Designed by OddThemes - Published By Blogger Templates20