Nigeria In One Minute
Kaduna refinery dormant, PH, Warri producing below 30% — NNPC
There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to reinvigorate the facilities by the Nigerian National Petroleum Corporation..
The latest monthly oil and gas report released by the national oil firm showed that the cumulative capacity utilisation of the nation’s three refineries dropped further from 12.73 per cent in June to 11.94 per cent in July 2017.
On individual performance, the Kaduna Refining and Petrochemical Company remained dormant for the two consecutive months as it processed no crude oil in the period under review.
Other refineries, Port Harcourt Refining Company and Kaduna Refining and Petrochemical Company, also performed far below expectation.
PUNCH, October 22, 2017
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