NNPCL Announces Plans to Hand Over Warri, Kaduna Refineries to Private Operators
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to hand over the operations and maintenance of the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company to private operators.
This decision is geared at engaging reputable and credible Operations and Maintenance (O&M) companies to manage these facilities more effectively.
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The announcement was made in a statement released on Friday, August 30, 2024, through NNPCL’s official handle on X.
The Warri Refinery, located in Delta State, was commissioned in 1978 and has a nameplate distillation capacity of 6.25 million metric tons per annum (MTA), equivalent to 125,000 barrels per day (bpd).
The refinery complex also includes a petrochemical plant commissioned in 1988, with production capacities of 13,000 MTA of polypropylene and 18,000 MTA of carbon black.
The facility primarily supplies petroleum products to markets in the southern and southwestern regions of Nigeria.
The handover is expected to improve the efficiency and effectiveness of the refineries, ensuring a steady supply of petroleum products to the region.
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