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Nigeria poised to reposition refineries – NNPC

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Nigerian National Petroleum Corporation (NNPC) has revealed that the federal government is doing everything possible to ensure that the Port Harcourt refinery, and others, is up and running by the year 2020.

The Chief Operating Officer of NNPC’s Refineries, Mr. Kragha Anibor, disclosed in a statement at the weekend that the country’s four refineries were not too old to run. He added that the Port Harcourt refinery had its last Turn Around Maintenance, (TAM) in the year 2000, while Warri and Kaduna had theirs in 2004 and 2008 respectively.

Meanwhile, Nigeria’s, department of petroleum resources, DPR, has approved a total of 37 drilling well proposals.

According to the Federal Ministry of Petroleum Resources, the wells will increase Nigeria’s crude oil production by 189,850 barrels per day when fully commissioned.

Out of the 37 wells, 29 were categorized as development wells, while eight were grouped as appraisal wells.

The DPR also said it monitored 50 drilling activities (one exploratory, 10 appraisals, and 39 development wells) and 1, 260.74 (km2) quantum of 3D seismic data has been acquired out of the 3, 272.11(km2) approved.” It also granted 39 Rig Licenses-to-operate, out of which 25 rigs are currently carrying out various rig operation.

Source Independent
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