NNPC shuts down Warri refinery Over crude oil shortage

NNPC shuts down Warri refinery over crude oil shortageYesterday, Nigerian National Petroleum Corporation, NNPC Shuts Down Warri Refinery due to difficulties challenges.
Group Public Affairs Division of the NNPC, Group General Manager, Mr. Ohi Alegbe, who disclosed this note, even so, that the refinery is expected to be reopened for service on Tuesday.

Mr. Ohi Alegbe on NNPC shuts down Warri refinery over crude oil shortage

Mr. Ohi Alegbe stated that cause of shuts down Warri refinery was because of insufficient crude oil in the system and that leads to the decision.

And also continue by saying that, “They are supposed to have at least a 25-day sufficiency in the supply of crude. So because of the depletion in the volume of crude they have had to temporarily shut down.

“It was shut down on Monday. This is a temporary measure and it should be up and running by Tuesday.”

As a stop-gap activity, the NNPC said it has involved NIDAS Marine Limited, a subsidiary of the NNPC, to supply crude bringing service on negotiated industry standard rate unfinished the establishment of substantive contract.

The NNPC, nevertheless, explained that it resorted to the bringing of crude oil to the refineries by marine vessels following incessant operations on the Bonny-Port Harcourt refinery pipeline and the Escravos crude pipelines by vandals and oil thieves resulting in the downright inaccessibility of the pipelines in 2013.

Also the Corporation added, “We have also commenced a rigorous and transparent process of securing capable and competitive contractors for the delivery of crude oil by marine vessels to Port Harcourt and Warri/Kaduna Refineries pending the restoration of the crude pipeline infrastructure,’’

The NNPC further revealed that it had acquired the approval of President Muhammadu Buhari to kick-start the tendering procedure for the 2015/16 Crude Oil Term Contract for the evacuation of Nigeria’s crude oil equity from the different crude and condensate manufacture arrangements.
According to the NNPC, the procedure which would begin with the promotion of the Crude Oil Term contract in both National and International print media for a period of one month has been carefully organized to weed out ‘briefcase companies’ and rent searchers.


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