NNPC Says Investors To Relocate Refinery From Turkey To Nigeria

The Nigerian National Petroleum Corporation has announced plans to establish a 100,000-barrels-per-day brownfield refinery each in Port Harcourt, Rivers State and in Warri, Delta State.

It said the plan was part of its refinery collocation initiative designed to boost local refining capacity to end the era of petroleum products importation, adding that a group of investors had commenced the process of relocating a refinery that used to be owned by BP from Turkey to Nigeria.

The Group Managing Director, NNPC, Maikanti Baru, disclosed this while speaking on efforts being made to achieve self-sufficiency in local refining besides the rehabilitation of Nigerian refineries. According to a statement issued by the corporation’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu, in Abuja, Baru said that the refinery from Turkey would be relocated and installed near the Port Harcourt refinery under the NNPC refinery collocation initiative.

He was quoted as saying, “Our collocation initiative aimed at getting private sector investors to bring in brownfield refineries so that they can share facilities is also yielding results. For example, there is one that is going to be brought in from Turkey to be located near the Port Harcourt refinery.

Photo Caption: Group Managing Director, NNPC, Maikanti Baru