Connect with us

FEATURED

Kaduna Refinery To Be Ready By Q4 2024, Says Petroleum Minister Heineken Lokpobiri

Published

on

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited, KRPC, will be back on stream by the end of 2024.

The Minister disclosed this during an inspection tour of Kaduna Refinery & Petrochemicals while assessing the progress of work on the ongoing quick-fix project of the Refinery in Kaduna on Saturday.

Lokpobiri said he is confident that the refinery will be restreamed by the end of 2024, considering the “significant level of progress” he has witnessed on the tour.

The Minister, who observed that he would continue to hold key players involved in the rehabilitation process of the nation’s refineries accountable, also pledged Federal Government support in ensuring the timely delivery of the project.

According to the Minister, there is an urgent need to get the refinery back on stream for the nation’s economic prosperity and energy security, which are both paths to sustainable development.

Earlier in his remarks, the Group Chief Executive Officer of NNPC Ltd., Mele Kyari, reassured the Minister that the fuel plant at the refinery will be delivered by the end of 2024.

Advertisement

Kyari said that all hands are on deck to bring the refinery back on stream, stressing that the contractor has since mobilized to the site and the needed equipment for the quick-fix activities is already in place.

“We are very confident that we will get the appropriate financing to get to the end of it, and ultimately, we will start to deliver value to Nigerians again. We plan the quick fix for 60,000 barrels per day so that we can start making money from this plant and we can continue the other part of the refinery to bring it up to its full-fledged capacity. This will also tally with the completion of the Build, Operate, and Transfer (BOT) on the pipeline so as to have a reliable pipeline delivery infrastructure,” the GCEO stated.

The inspection tour, which was preceded by the 14th Refineries Rehabilitation Steering Committee Meeting, also had in attendance NNPC Limited’s Executive Vice President, Downstream, Adedapo Segun; Executive Vice President, Upstream, Oritsemeyiwa Eyesan; Managing Directors of the three refineries; and a host of other members of the Committee.

Continue Reading
Advertisement
Click to comment
FEATURED1 hour ago

Gov. Oborevwori Disburses Over N100bn to Higher Institutions as Student Enrolment Skyrockets in Delta

FEATURED8 hours ago

Nigerian Army Arrests, Disowns ‘Alhaji’ Who Posed as Retired Army General

Fubara
FEATURED8 hours ago

Fubara Dissolves EXCO Amid Political Reconciliation Post-Meeting with Tinubu, Wike

FEATURED8 hours ago

Isoko North Chairman Calls for collaboration Between Security Forces, Meets Army Chief

FEATURED9 hours ago

Yahaya Bello: How N2.1b Loan was Repaid with Funds from Kogi State LGAs – Witness Narrates  

NEWS10 hours ago

Waive Congratulates Oborevwori on Leadership, New Telegraph Awards

FEATURED10 hours ago

Oborevwori Bags New Telegraph, LEADERSHIP Awards for Impactful Governance and People-focused Policies

FEATURED24 hours ago

One Officer Killed as NDLEA Arrests 6 Suspects in Bloody Bonny Island Raid

Delta Politician
NEWS24 hours ago

NUJ Warri Hails Delta Govt on Road Infrastructure, Calls for Healthcare, Electoral Reforms

METRO1 day ago

Court Rules 2 Chinese to Serve 46 Years Each for N3.4bn, $2.5m Cyberterrorism, Fraud in Nigeria

Profiled
METRO1 day ago

EFCC Repels Claims of ‘Shielding Jesam Michael’ Who Allegedly Swindled 50, 000 Investors in a Trans-national Ponzi Scheme

international fraud ring
FEATURED2 days ago

‘N868.4m Fraud’: I Released Those Funds to Private Companies for “Classified Purposes” – Former Acting AGF Admits

BUSINESS2 days ago

BUA Foods Plc Appoints Isyaku “Khalifa” Rabiu as Chief Officer, Global Procurement

BUSINESS2 days ago

Delta Moves to Expand State’s Energy Capacity for Industrial Growth

FEATURES2 days ago

‘We Cannot Keep Teaching Science Without Laboratories’ – Women Chemists Plead With NDDC, Others

Advertisement
Advertisement

z