AD

Refineries’ original builders to revalidate studies for revamp of plants – Baru

Three Original Refineries Builders (ORBs) who built the existing 445,000 barrels a day (bd) combined capacity refineries of the Nigerian National Petroleum Corporation (NNPC) in Kaduna, Port Harcourt and Warri, have agreed to revalidate the scoping studies the NNPC has developed for its planned revamp of the refineries, the Group Managing Director of the corporation, Dr. Maikanti Baru, has disclosed.

He also said the ORBs would bring in new technologies into the process units of the refineries to enable them operate optimally like modern refineries. The revalidation, Baru noted, would include the cost for the revamp. Coming ahead of the October 2018 date the NNPC expects to sign funding and contractual agreements with third-party financiers and contractors for the revamp of the refineries, Baru explained NNPC now has the confidence of the Japan Gas Company (JGC) which built the Port Harcourt refinery; Saipem which built Warri; and Chiyoda which built Kaduna to partner it on the revamp programme.

Baru in an interview from the latest edition of the corporation’s in-house magazine – NNPC Magazine – said the NNPC has been able to overcome the initial reluctance of the ORBs to work with it in the programme. Baru also indicated that its board had in April at a London meeting with shortlisted firms for the programme, assured them of a sustainable plan to repay their investment in the programme. He added that NNPC was looking forward to shutting down the refineries soon for repairs once it signed the agreements and financiers provide funds for ORBs to start work.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
We Couldn’t Deal With The Last Ball -Finidi Reacts To 3SC Late Defeat‎
Rivers Actress Faces ₦200 Million Lawsuit Over Viral Video
Passengers Injured As Trailer Hits Bus In Rivers-Bayelsa Road
NANS To Elect New President May 24
Two Chairmen Emerge with Dual Secretariats in Yenagoa

Leave a Reply

Your email address will not be published. Required fields are marked *