Why NNPC Is Shutting Down Refineries

The Nigeria National Petroleum Corporation is shutting down 3 of its 4 refineries in Nigeria.

But there is no need to panic. It is just for routine maintenance.

According to the Group Managing Director, Dr. Maikanti Baru, announced the shutting down of the refineries on the sidelines of the inaugural Nigerian Pipeline Security Conference and Exhibition.

The purpose of the closure of the refineries located in Port Harcourt, Warri and Kaduna is to “rehabilitate and restore them to nameplate capacities,”  the minister explained.

This is in preparation for 2019 when the country is expected to end the importation of petroleum products.

“As you know, it has been the perception of the public that the repairs of the refineries are never done thoroughly.

“So, this time, our intention is to shut down the refineries when we are ready, and then fully bring them back to what they should be as new refineries,” Baru said.

Also Read:  Nigeria To Cap Oil Output From 1.8 Million Barrels Per Day

“Obviously, it is going to be a complex procedure and as such, we have to break down the various work packages to ensure that all the various workforces have sufficient focus, and if you notice the time that we inaugurated eight committees on the refineries rehabilitation.

“The work streams are composed of the general managers and executive directors level, and they will be having a day-to-day look at it, while the steering committee is at my level and that of the chief operating officers, all looking at the problems the workstations have and they will proffer solutions immediately.

“We intend to focus on the repairs of the refineries with all that it takes to ensure that this time, when we are done by 2019, these refineries will be as good as new,” the NNPC boss explained.

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