Investors to Relocate 100,000bd Refinery from Turkey to Nigeria – Baru

A brownfield refinery with a production capacity of 100,000 barrels per day (bd) and formerly owned by BP Plc is expected to be relocated from Turkey to Nigeria and co-located alongside the Port Harcourt Refinery, the Nigerian National Petroleum Corporation (NNPC) disclosed on Tuesday in Abuja.

The NNPC in a statement from its Group General Manager, Public Affairs, Mr. Ndu Ughamadu, said the relocation of the refinery was part of the refinery co-location initiative designed by the federal government to boost local refining capacity.

The statement explained that the Group Managing Director of NNPC, Dr. Maikanti Baru, disclosed this development in an interview he granted an in-house newsletter of the corporation – the NNPC News, in which he spoke on efforts by the corporation to help Nigeria end its reliance on imported petroleum products.

Baru, noted that the investors had commenced the process of relocating the refinery to be installed near the Port Harcourt Refinery under the co-location initiative, adding that a similar plan to establish a brownfield refinery near the Warri Refinery was also in the offing.

 

Source: EnergyMixReport

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