The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to transfer the operations and maintenance of the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company to private operators. This move aims to enhance the efficiency and effectiveness of these facilities by involving reputable Operations and Maintenance (O&M) companies.
The decision was disclosed in a statement released on Friday, August 30, via NNPCL’s official handle on X.
The Warri Refinery, situated in Delta State, has been a cornerstone of Nigeria's petroleum industry since its commissioning in 1978. It is a complex conversion refinery with a nameplate distillation capacity of 6.25 million metric tons per annum (MTA), equivalent to 125,000 barrels per day (bpd). Additionally, the refinery complex houses a petrochemical plant commissioned in 1988, capable of producing 13,000 MTA of polypropylene and 18,000 MTA of carbon black.
The Warri facility plays a crucial role in supplying petroleum products to markets in the southern and southwestern regions of Nigeria. This strategic shift to private management is expected to optimize the refinery's output and improve the overall supply chain in the region.
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