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Thursday, 21 January 2016

ECONOMIC NEWS: NNPC shuts down Port Harcourt & Kaduna refineries

It has been reported that the Port-Harcourt and Kaduna Refineries has been shut down by the Nigerian National Petroleum Corporation (NNPC) due to Vandalization of crude oil pipelines. NNPC said it shutdown the operations of the refineries on Wednesday January 20, 2016. According to Group Managing Director of NNPC, Mr. Ohi Alegbe "plants were shut simultaneously on Sunday after the Bonny-Okrika crude supply line to the Port Harcourt
Refinery and the Escravos-Warri crude supply line to the Kaduna Refinery were vandalized"
Before the close of the refineries, Port Harcourt Refinery was producing over 4.1 million litres petrol daily while Kaduna Refinery records a daily petrol production of about 1.3 million litres.
It would be recalled that the 150,000bpd refinery in Port Harcourt and the 110,000 bpd Kaduna refinery resumed operations in December 2015 after several months of shutdown.
Happy Olejeme and 2 others like this.

Olajide Olushola

na wa for naija ooo

Olajide Olushola

how refinery wey don just work tek spoil

Edet Daniel

The refinery no spoil its been shut down because of the escravos bombing

Alaribe Okechukwu Stanley

Nice and welcome development.

Jerry Maka

So they are working and fuel is not reduce to #10

Joe Okpe

is now this Buhari will know that Nigeria is much bigger than him,

Eze Solomon Emeka

Just 0.50 reduction, I pray God support PMB to pilot this plane to land safely, cos Nigeria is hanging out in the air now, we seem to be homeless, but not hopeless.

Enyinda Nathaniel Okey

all that the government is after is how to decimate the oil producing communities. there is tension in the land. arrest. arrest... lock up. no trials. petrol is at the lowest cost in recent years. government does not seem to come up with plans to pacify and polity

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