35 New Modular Refineries May Come On Board
The Nigerian National Petroleum Corporation (NNPC) has said there is no going back on a December 2019 deadline set to stop importation of petroleum products into the country.
Nigeria had remained one of the largest oil producers that import refined crude to meet about 50 million estimated daily consumption. Estimated under recovery from premium motor spirit or petrol alone stood at over N1.4 trillion as of last month.
If the plan by the corporation is anything to take serious, existing state owned refineries would be overhauled to perform at 90 per cent capacity utilisation before the 2019 deadline.
Group Managing Director of the corporation, Maikanti Baru, who was special guest of honour at the Offshore Technology Conference 2018 Nigeria…
Read More…..Guardian Newspapers
