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Sunday, 16 July 2017

NNPC says local refineries are now producing 60% Kerosene consumption

The Nigerian National Petroleum Corporation (NNPC) has announced that its three refineries in Port Harcourt, Warri and Kaduna now supplied 60 percent of kerosene consumed in the country.

It made the announcement ahead of the 2019 target date for the cessation of petroleum products importation by the Federal Government

Group Managing Director of the NNPC, Dr. Maikanti Baru, stated this at a 2-day Investigative Public Hearing of the House of Representative Committee on Petroleum Resources (Downstream),

According to a statement by spokesman of the NNPC Ndu Uhamadu, Baru said that the corporation’s refineries were producing five million liters of kerosene daily representing more than 60 per cent of the national daily consumption requirement of eight million litres.

The GMD, who was represented by the Chief Operating Officer, Downstream, Mr Henry Ikem Obih, disclosed that the balance of three million litres of the product was being imported by private petroleum products marketers.

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