FG May Build New Refineries- Kachikwu

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe- Kachikwu, on Wednesday, in Kaduna State said the Federal Government would consider establishing new refineries for optimal performance of the oil sector.

Kachikwu stated this while addressing energy correspondents shortly after he was conducted round the Kaduna Refining Petrochemical Company (KRPC) in Kaduna.

The GMD said the NNPC was working to get the refineries across the country to work to their optimal production with “new business modules, new commercial modules and new approach on how we can get to where we should be.

“What is obtainable is that most of our refineries are close to 30 to 40 years old, we need to begin to look at building new refineries in the same land space where they can share facilities so that you will have something to lean on when these old ones are beginning to kick out…”

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