Kaduna refinery to begin operations by year end, says KRPC

2024-05-01 18:53:33

New Mail Nigeria

The Kaduna Refining and Petrochemicals Company (KRPC) says the refinery will become operational by the end of 2024.

Mustafa Sugungun, managing director of KRPC, spoke on Monday when members of the senate ad hoc committee on petroleum downstream, led by Ifeanyi Ubah, paid an oversight visit to the refinery.

He said the 110,000-barrel-per-day refinery would begin operating at 60 percent capacity by the end of the year, adding that full production would follow subsequently.

Sugungun added that the rehabilitation work, which is currently at 40 percent, is expected to be completed within the allotted period.

"Our rehabilitation is going on well and steadily according to the plan we have. We are planning to bring this plant to 60 percent nominal capacity by December 31st, 2024," he said.

"Currently, we are heading towards 40 percent of rehabilitation. We remain committed to bringing back the plant to at least 60 percent of its nominal capacity.

"The overall capacity of Kaduna Refinery is 110, 000 barrels per day, but we are starting with only 60 percent of that. And in less than one year, we will attain the 110,000 capacity.

"So this initial plant operation is for 60 percent Nigerian crude and 50,000 barrels of imported crude. Imported crude is mainly for lubricants and other petrochemical aspects of it."

In his remarks, Ubah said the oversight visit was part of President Bola Tinubu and the national assembly's joint effort to guarantee that all of the country's refineries are restarted to end imported petroleum products.

2024-05-01 News