July 22, 2018

Warri Refinery to begin work after two years

Warri Refinery to begin work after two years

Strong indications emerged on Tuesday, that the Warri Refining and Petrochemical Company (WRPC) would within a fortnight begin production at 50 per cent installed capacity for the first in more than two years.

A barrel of crude would produce 73.8 liters of petrol when refined. This means that the Warri Refinery, with an installed capacity of 125,000 barrels per day would now be producing 62,500 barrels per day (at 50 per cent capacity), translating to 4,612,500 litres of Premium Motor Spirit (petrol) per day.

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Joseph Dawha had last week announced that the Port-Harcourt Refinery would next month commence production of petroleum products.

A source close to the WRPC who spoke on condition of anonymity, confirmed that some barrels of crude have been received in preparation for full production.

The source who added that the establishment received crude oil consignment last in 2012, noted that crude oil supply to the refinery was stalled by the immediate past government. This, the source added, resulted in massive importation of refined products by the Federal Government in preparation for their full privatisation.

He further disclosed that all the machines for the take off of production were also last Sunday switched on in readiness for production works in the company.

According to the source: “Yes, it is true that the Warri Refining and Petrochemical Company limited is set to commence the refining of petroleum products. The production will start within the next 14 days from now. All the production machines were since last Sunday switched on in readiness for the production.

“I also want to inform you that the management has received crude oil for that purpose this week Monday. For over two years now we have not received crude oil as it was being sent to foreign refineries from where they were been imported back to the country as refined products.

“This started soon after the alleged planned privatization of the refineries by the immediate past administration which was also said to have targeted the sales to its selected cronies thereby placing the workers of the refining and petrochemical company on permanent state of redundancy for the past two years,” he added. Read more

 

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