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Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Emmanuel Kachikwu has stated  that the four refineries are not performing optimally because the refineries are battling with obsolete equipments which makes it impossible  to take crude oil for refining into finished products.

Kachikwu said the Corporation is working hard to improve pipelines security, restructure its corporate centres, provide transparent and accountable operations, improve efficiency among its workforce. He added that the state-run oil firm was also taking other measures to stop leakages/wastages in the system.

“We are looking at the LPG market to promote growth. As it is, the country is depending on kerosene for consumption. But we  are seeing the need to grow the LPG sub-sector of the oil and gas industry because it is cleaner, friendlier and cheaper. Besides, the LPG sector would create jobs for the economy.” he added.


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