Refineries still under the management of the nnpc fg
As of 2021, the Nigerian National Petroleum Corporation (NNPC) is still responsible for the management of the following refineries in Nigeria:
- Port Harcourt Refinery: Located in Rivers State, this refinery has a capacity of 210,000 barrels per day (bpd).
- Warri Refinery: Located in Delta State, this refinery has a capacity of 125,000 bpd.
- Kaduna Refinery: Located in Kaduna State, this refinery has a capacity of 110,000 bpd.
However, it's worth noting that the refineries have been experiencing various challenges, including poor maintenance, aging infrastructure, and lack of investment, which has led to a significant decline in their production capacity over the years.
In 2019, the Nigerian government announced plans to privatize the refineries, but the process has been slow and has faced several setbacks. In 2020, the government announced that it would be revamping the refineries through a public-private partnership (PPP) model, but the details of the plan are still being worked out.
It's also worth noting that the NNPC has been working to increase the capacity of the refineries through various projects, including the rehabilitation of the Port Harcourt Refinery, which is expected to increase its capacity to 300,000 bpd. However, the timeline for the completion of these projects is still uncertain.
Here is a brief overview of the current status of each refinery:
- Port Harcourt Refinery: The refinery is currently operating at a capacity of around 60,000 bpd, which is significantly below its installed capacity. The refinery is undergoing a rehabilitation project, which is expected to increase its capacity to 300,000 bpd.
- Warri Refinery: The refinery is currently operating at a capacity of around 20,000 bpd, which is significantly below its installed capacity. The refinery is in need of major repairs and maintenance.
- Kaduna Refinery: The refinery is currently operating at a capacity of around 30,000 bpd, which is significantly below its installed capacity. The refinery is in need of major repairs and maintenance.
Overall, the refineries under the management of the NNPC are still facing significant challenges, and it remains to be seen how the government will address these challenges and increase the capacity of the refineries.