NNPC: Four Refineries Now Producing 6.76m Litres of Petrol Daily

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said four of its refineries in Kaduna, Port Harcourt and Warri are now producing over 6.76 million litres of petrol per day.
It explained in a statement from its Group General Manager, Public Affairs, Ohi Alegbe, that the production ratios from the plants indicated that the Port Harcourt refinery which was re-streamed a week earlier was now producing about 4.09 million litres of petrol; the Kaduna Refinery which also recently came back on stream was producing about 1.29 million litres and Warri which it said came up last Sunday was posting a yield of about 1.38 million litres to make up the total daily production of 6.76 million litres.
The four refineries were built to collectively refine 445,000 barrels of crude oil daily but had consistently come short of that for years.
Alegbe, however, said daily production from the refineries is projected to increase to over 10 million litres per day by the end of January.
He noted that the volumes of petrol produced from the refineries which are currently operating at an appreciable percentage of their nameplate capacities will help stabilise the fuel supply and distribution situation in the country.
The Minister of State for Petroleum Resources who doubles as the Group Managing Director of the corporation, Dr. Ibe Kachikwu, had in December 2015, stated that he was more concerned about getting the refineries back to an appreciable production level.
Kachikwu expressed optimism that the refineries would gradually come up to produce up to 10 million litres of petrol per day, thus cutting the country’s petrol importation by that volume.
“My concentration right now is to make sure that the refineries are working, the more they work, the higher the chances that I will be closer to the sort of pricing we are comfortable with than when they are not working, that is why you see me putting a lot of energies in going around the refineries.
“Kaduna is doing about 1.5 million litres, hopefully, it will be getting into two million very quickly once the FCC is working; Port Harcourt, when it comes back with a combination of VDU and the FCC, we will probably be looking at about five million litres. Ideally, we want to get to about 10 million capacity out of the about 40 million that we say is the national consumption per day, that is the trend,” he said then.
The minister also added: “If all things were equal, I think the maximum cap for Kaduna will be in the two to three million range; Port Harcourt will probably be five and six million and Warri if it comes up, will be another three or four million, so, Warri, is projected to come back between early and mid January and I will say that by the end of January, if all things were working and we do not have any other complications arising from these aging plants, we will expect to see 10 million litres.”
President Muhammadu Buhari yesterday disclosed that an inter-ministerial committee would soon be established to speed up the re-organisation and reformation of the NNPC.
A statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, said Buhari spoke yesterday at a meeting with the Chief Executive Officer of the International Finance Corporation (IFC), Jin-Yong Cai, at the Presidential Villa in Abuja.
Adesina in a statement said the reformation of the NNPC had become inevitable in view of the corruption and abuse of its present structure in the recent past.
He said the president also cited Nigeria’s current need to maximise income from every source of revenue as further imperative for reforming the NNPC.
Buhari said his administration was doing everything possible to boost national revenue  in order to effectively implement its programme of change and significantly improve the living conditions of Nigerians.
Adesina said Jin-Yong Cai, who is also the Vice President of the IFC, told Buhari that with proper reformation and re-organisation, NNPC could become Africa’s largest company.
“You have brought monumental changes since you got to power. You have brought in strong leadership and Nigeria has the opportunity under you to become highly reputable.
“In NNPC, you can create an entity that is dominant in Africa, and this is the right time to do it with the momentum you have created,” he told the president.