http://www.oilandgasexpos.com

Top Banner

Days To Event 30.8.2017 12:00
You are here: Home News NNPC To Construct Three Greenfield Refineries

NNPC To Construct Three Greenfield Refineries

The Nigerian National Petroleum Corporation (NNPC) disclosed on Thursday that three new Greenfield refineries are set for construction.

It also said that more are expected to come on stream to upgrade its production and exploration efforts to meet the challenges of growing the company from its current 80,000 barrels a day to 150,000 barrels in the next few years.

The Corporation has equally put in place measures to establishing a renewable energy division to implement the bio fuels programme in line with its philosophy of diversification.

Speaking at the NNPC day at the ongoing Lagos International Trade Fair, the Group Managing Director of NNPC, Austen Oniwon, disclosed that the primary aim of the initiative is to link the development of the agricultural sector to the oil and gas industry while at the same time reducing environmental pollution.

He said: “NNPC has already begun operations in about 304 affiliated filling stations nationwide to ensure regular availability of products which will provide business opportunities and create employment,” adding that three new Greenfield refineries are set for construction and more are expected to come on stream in no distant time.

Oniwon, who was represented by the Executive Director of Services, National Engineering and Technical Company Limited (NECO), Ismail Bamaiyi Timothy, said these would make significant contribution to the refined products pool.

“All these efforts will nought if our crude oil and products pipelines are routinely vandalised. We are therefore using this opportunity to appeal to the general public to assist us in protecting these strategic national assets for the benefit of all Nigerians,” he stressed.

According to him, concerted effort is being made to upgrade the exploration and production arm to better position it for the challenges of growing the company from its current  80,000 barrels a day production to 150,000 barrels in the next few years.

He emphasised that the primary aim of this initiative is to link the development of the agricultural sector to the oil and gas industry, while gradually reducing the nation’s dependence on imported gasoline, reduce environmental pollution and at the same time create a commercially viable industry that can provide sustainable jobs in the various sectors involved.

“The board has commenced operations in its effort to realize the aspirations of the federal government of Nigeria in increasing indigenous participation  in the oil and gas industry, build local capacity, create linkages to other sectors of the national economy  and boost industry contributions to the growth of our national gross products,” he said.









































Other Events
AGRIC BUSINESS LOGO

Event Powered by:

Tel: +234-(0)906-882-0921

Kune: +234-(0)805-310-0096,
This email address is being protected from spambots. You need JavaScript enabled to view it.  

Sandra: +234-(0)803-686-4201
This email address is being protected from spambots. You need JavaScript enabled to view it.

Caleb: +234-(0)803-294-0004,
caleb@oilandgasexpos.com

Skype: waecon2011