NNPC shuts down Warri refinery over crude oil shortage



The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that it has shut down the Warri Refineries due to operational challenges.
Group General Manager, Group Public Affairs Division of the NNPC, Mr. Ohi Alegbe, who disclosed this, noted, however, that the refinery is expected to be reopened for operations on Tuesday.
According to him, the decision to shut down the Warri refinery was taken because there was insufficient crude oil in the system.
“They are supposed to have at least a 25-day sufficiency in the supply of crude. So because of the depletion in the volume of crude they have had to temporarily shut down.
“It was shut down on Monday. This is a temporary measure and it should be up and running by Tuesday.”
The NNPC, had a few days ago, stated that after proper evaluation and in line with the terms of contract for the delivery of crude oil to the nation’s refineries in Warri, Port Harcourt and Kaduna, the Corporation has cancelled the current contract due to exorbitant cost and inappropriate process of engagement




For the full story, check the Vanguard newspaper.

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