DPR Issues 13 Licences For Modular Refineries

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said out of the 35 interests that were indicated in modular refineries, the Department of Petroleum Resources (DPR) had issued licences to 13.

The Group Managing Director, Dr. Maikanti Baru, who made this disclosure, said he had already been invited to the ground breaking of the first one in Bayelsa State in February. He said: “So far, about 35 interests for modular refineries have been declared and the Department of Petroleum Resources (DPR) has issued licences to about 13 and I have been invited to the ground breaking ceremony of the first one in Bayelsa State next month.”

Baru also said NNPC was targeting to forward the agreements for the selection of financials for the Port Harcourt Refining Company Limited (PHRC), Warri Refining and Petrochemical Company Limited (WRPC) and the Kaduna Refining and Petrochemical Company Limited to the Corporation’s board during its meeting this month.

Photo Caption: Group Managing Director, Maikanti Baru,

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