NEWS DIGEST– The Honorable Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, announced that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited (KRPC) is expected to be operational by the end of 2024.
Lokpobiri made this known during his visit to the Kaduna Refinery & Petrochemicals to assess the progress of the project on Saturday.
He expressed confidence in the restreaming of the refinery by 2024, citing the “significant level of progress” witnessed during the inspection.
The Minister also emphasized the accountability of key players involved in the rehabilitation process and assured the Federal Government’s support in ensuring the timely completion of the project.
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He stressed the urgency of getting the refinery back on stream to promote the nation’s economic prosperity and energy security, which are crucial for sustainable development.
The Group Chief Executive Officer of Nigerian National Petroleum Corporation (NNPC) Ltd., Mele Kyari, echoed Lokpobiri’s optimism, assuring the Minister that the fuel plant at the refinery will be operational by the end of 2024.
Kyari highlighted the collective efforts being made to restore the refinery, noting that the contractor has mobilized to the site and necessary equipment for the quick-fix activities are already in place.
“We are very confident that we will get the appropriate financing to get to the end of it, and ultimately, we will start to deliver value to Nigerians again. We plan the quick fix for 60,000 barrels per day so that we can start making money from this plant and we can continue the other part of the refinery to bring it up to its full-fledged capacity. This will also tally with the completion of the Build, Operate, and Transfer (BOT) on the pipeline to have a reliable pipeline delivery infrastructure,” the GCEO stated.
