Tuesday, November 23, 2010

Nigeria plans to upgrade its largest oil refinery



   Nigeria's state-oil company plans to upgrade the country's largest oil refinery, a 210,000 barrel per day (bpd) facility in Port Harcourt.
Despite being Africa's
largest oil and gas producer, Nigeria imports most of its refined oil products as its ageing refineries often struggle to run at half their capacity.
"We are going back to the original contractors who built all the units to ensure an effective and total refurbishment of the plant," Austen Oniwon, group managing director of the Nigerian National Petroleum Corporation said in a statement.
"Unlike in the past when the scope of work was not clearly specified, we intend to conduct a full scale technical audit with well defined scope of work for the contract."
NNPC did not specify how much would be spent on the upgrade or when it expected works to be completed.
Nigeria has four refineries with a combined capacity of 445,000 bpd but they have never reached full production because of sabotage attacks and poor maintenance.

Source.......Reuters

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