By Ameh Comrade Godwin on August 1, 2015@dailypostngr
The Kaduna Refining and Petrochemicals Company (KRPC) has began production.
The company now refines about 60,000 barrels of crude per day following the rehabilitation of two of the company’s production lines.
The company said it was at the moment working with a target to release two million litres of petrol daily into the market by October.
“We are doing a lot at the moment to make sure that we achieve 80 per cent of refining capacity,” Managing Director of the company, Mr. Saidu Muhammed told Thisday on Friday.
He assured that the KRPC’s production level would hit 90 per cent by the second quarter of 2016.
The company has an installed production capacity of 110,000 barrels of crude per day. The managing director said rehabilitation work on the remaining two production lines of the company would be completed by March 2016.
The Nigerian National Petroleum Corporation (NNPC), had on Wednesday announced that the Port Harcourt and Warri refineries had resumed full production after the phased rehabilitation.
NNPC operates three refineries with a combined capacity of 445,000 barrels per day (bpd). They are the 210,000bpd Port Harcourt refinery, the 125,000bpd Warri refinery and petrochemical plant, and the 110,00bpd Kaduna refinery and petrochemical plant.
The Kaduna Refining and Petrochemicals Company (KRPC) has began production.
The company now refines about 60,000 barrels of crude per day following the rehabilitation of two of the company’s production lines.
The company said it was at the moment working with a target to release two million litres of petrol daily into the market by October.
“We are doing a lot at the moment to make sure that we achieve 80 per cent of refining capacity,” Managing Director of the company, Mr. Saidu Muhammed told Thisday on Friday.
He assured that the KRPC’s production level would hit 90 per cent by the second quarter of 2016.
The company has an installed production capacity of 110,000 barrels of crude per day. The managing director said rehabilitation work on the remaining two production lines of the company would be completed by March 2016.
The Nigerian National Petroleum Corporation (NNPC), had on Wednesday announced that the Port Harcourt and Warri refineries had resumed full production after the phased rehabilitation.
NNPC operates three refineries with a combined capacity of 445,000 barrels per day (bpd). They are the 210,000bpd Port Harcourt refinery, the 125,000bpd Warri refinery and petrochemical plant, and the 110,00bpd Kaduna refinery and petrochemical plant.
No comments:
Post a Comment