The Kaduna refinery is expected to be operational by 2024, according to Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil).
Remember that by the end of 2024, the Kaduna Refinery and Petrochemicals Company Limited, or KRPC, will be operating again.
While evaluating the state of work on the ongoing quick-fix project of the Kaduna refinery on Saturday, the Minister made this disclosure during an inspection trip of the facility and petrochemicals.
Given the “significant level of progress” he saw during the excursion, Lokpobiri expressed confidence that the refinery will be restored by the end of 2024.
The Minister promised the Federal Government’s assistance in guaranteeing the project’s prompt completion and noted that he would keep holding important parties responsible for the nation’s refineries’ repair.
The Minister claims that the refinery must be restarted immediately in order to support both the country’s economic growth and energy security, both of which are prerequisites for sustained development.
The Minister was informed earlier by Mele Kyari, the Group Chief Executive Officer of NNPC Ltd., that the fuel plant at the refinery will be delivered by the end of 2024.
All hands are on deck to restart the refinery, according to Kyari, who emphasized that the contractor has already mobilized to the location and that the necessary equipment is on available for the urgent repairs.
“We are very confident that we will get the appropriate financing to get to the end of it, and ultimately, we will start to deliver value to Nigerians again. We plan the quick fix for 60,000 barrels per day so that we can start making money from this plant and we can continue the other part of the refinery to bring it up to its full-fledged capacity. This will also tally with the completion of the Build, Operate, and Transfer (BOT) on the pipeline so as to have a reliable pipeline delivery infrastructure,” the GCEO stated.
The inspection tour, which was preceded by the 14th Refineries Rehabilitation Steering Committee Meeting, also had in attendance NNPC Limited’s Executive Vice President, Downstream, Adedapo Segun; Executive Vice President, Upstream, Oritsemeyiwa Eyesan; Managing Directors of the three refineries; and a host of other members of the Committee.