The Nigerian National Petroleum Corporation, NNPC says it will establish two condensate refineries with a total refining capacity of two hundred thousand barrels per day at
Western Forcados Area and Assah North/Ohaji South Local Government Areas of Delta and Imo State respectively.
The Group Managing Director of NNPC, Dr. Maikanti Baru, disclosed this at the bid opening for the provision of consultancy services to carry out a feasibility study for the refineries, saying that the establishment of the green refineries is part of the strategies to eliminate importation of petroleum products and guarantee energy security for the country.
Dr Baru noted that the condensate refineries which will operate along the NLNG model will increase the nation’s revenue base, provide jobs for the people and save for the country a lot of foreign exchange.
He added that the strategic initiative will increase the energy security for the nation and grow the NNPC refining capacity from four hundred and fifty thousand barrels to six hundred and sixty-five thousand barrels per day.
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