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The newly minted Nigerian National Petroleum Company (NNPC) Limited has initiated moves to accelerate its refining capacity recovery with the establishment of a new plant to boost capacity at Warri Refining and Petrochemical Company (WRPC) by 100,000 barrels per day.
The new plant capacity is the project of the NNPC Greenfield Refinery Limited, a subsidiary of the NNPC Limited.
The company is already in advanced engagement with a Chinese firm, Sedin Engineering, to build the process plant which is to be located refinery at the complex of the Warri Refining and Petrochemical Company (WRPC), Ekpan, Delta State.
The move was part of efforts by the NNPC to boost the nation’s refining capacity with a view to exiting importation and turning Nigeria into a net exporter of petroleum products.
Group Executive Director, Refining and Petrochemicals, Mr Mustapha Yakubu, stated that engagement with Sedin Engineering had been on for over two years and that the original plan was for the company to establish a number of brownfield refineries across the country.
He said that the original plan had been modified and streamlined over the series of previous engagements to arrive at the establishment of a single 100,000bpsd at the WRPC complex.
He stressed that the firm had commenced feasibility study and that it was the hope of Management to conclude all necessary negotiations speedily so that the project can take off.
In a presentation at the meeting, the Manager, Technical, NGRL, Mr Samuel Ajayi, stated that apart from the proposed co-located refinery by Sedin Engineering, NGRL was working in partnership with other companies to set up two other co-located refineries.
Ajayi said one would be located at WRPC, while the other would be located at the Port Harcourt Refining Company complex in Port Harcourt, Rivers State.
He also said that there would be four condensate refineries and a modular refinery.
The Sedin Engineering Team was represented by Mr Shagaya, Mr Ma and Ambassador Rasak Lawal, Chairman of Ram Energy.
