Advertisement

Lack Of Comprehensive Turn Around Maintenance Responsible For Poor Performance Of Refineries – NNPC

Channels Television  
Updated March 6, 2015

nnpcThe Nigeria National Petroleum Corporation (NNPC) has blamed the inability of the corporation to perform a comprehensive turn around maintenance of refineries for the poor performance recorded.

The Group Executive Director, Refining and Petrochemicals, Mr Ian Udoh, while speaking at a budget defence session, told members of the Senate Committee on Petroleum that although the refineries had the capacity to process 445,000 barrels of crude oil per day, they could currently process only 60,000 barrels per day as a result of maintenance problems.

Mr Ian also told Committee Members that the NNPC could not afford the outrageous bills quoted by Saipem, a foreign firm operating in Nigeria for the turn around maintenance of the refineries.

According to Iah Udoh, Saipem offered to maintain Port Harcourt refineries at $550 million, Kaduna refineries at $600 million and Warri refinery at $180 million.