- The Group Manading Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe- Kachikwu, on Wednesday in Kaduna said the Federal Government would consider establishing new refineries for optimal performance of the oil sector.
- Kachikwu stated this, while addressing Energy Correspondents shortly after he was conducted round the Kaduna Refining Petrochemical Company (KRPC) in Kaduna.
- The GMD said the NNPC was working to get the refineries across the country to work to their optimal production with “new business modules, new commercial modules and new approach on how we can get to where we should be.
“What is obtainable is that most of our refineries are close to 30 to 40 years old; we need to begin to look at building new refineries in the same land space where they can share facilities so that you will have something to lean on when these old ones are beginning to kick out.
Obviously, we need new modules because with this modules it won’t get us very rapidly. Three out of the six units of the plants were down.
Some of them for a very long period. We need to sit down and see what modules, how do you turn around the new refinery. How do you work on emergency basis components of the ones that is there.
Kaduna has a very unique place in my heart like I said because I grew up in Kano and I used to come here often.
It is so key for the survival of the economy of Kaduna State and the rest of the North and we really need to focus on getting this things work and getting it to expand.
Without them we are not going to get out of problems of fuel supply, power supply and all that. So we are going to have a whole commercial structure,a whole engineering structure; a lot needs to be done different from models we are pursuing right now “.
According to him, “what really is the truth about refineries is that a lot needs to be done in terms of applying different model of development. So we are going to be working to clarify those solutions”.
- He said the NNPC management was committed to ensure that within the next 90 days time frame some elements of the KRPC plant would work the way they would be expected.