NEWS

NNPC Considers Crude Importation From Chad, Niger Republic For Kaduna Refinery

As part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna Refinery and Petrochemical Company (KRPC) as a result of the Niger Delta militancy, the Nigerian National Petroleum Corporation (NNPC) is considering importing crude oil from Chad and Niger Republic, investigations have revealed.

This is coming as the President of the Organisation of Petroleum Exporting Countries (OPEC) and Qatar’s Energy Minister, Mohammed Al Sada, has stated that oil prices would rebound during the third and fourth quarters of 2016.

NNPC, it was learnt, is also considering the option of using railway transportation to move crude from the Niger Delta to the refinery complex.

A top official of the NNPC, who spoke on the condition of anonymity, disclosed yesterday that the corporation might refit the Kaduna refinery to be able to process Nigerien and Chadian crude grades, following the incessant attacks on the pipelines that feed the plant with Nigerian Bonny Light crude.

According to him, the refinery was originally designed to process Nigerian crude and foreign heavy crude at the ratio of about 70:30.

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