Skip to main content

Nigeria's Warri refinery temporarily shut: NNPC

By

Nigeria's Warri refinery has been shut down temporarily and operations will resume by Tuesday, a spokesman for the Nigerian National Petroleum Corporation (NNPC) said on Thursday.
Oil sales account for about 70 percent of government revenue in Africa's top crude producer. It imports most of the fuel used by its 170 million inhabitants, however, because of its ageing, inefficientrefineries in Warri, Kaduna and Port Harcourt.
NNPC spokesman Ohi Alegbe said 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," said Alegbe.
"It was shut down on Monday. This is a temporary measure and it should be up and running by Tuesday," he said.
The move comes a day after NNPC announced it had cancelled its contract for the delivery of crude to Nigeria's refineries.
The state oil company also said on Thursday it has reduced the number of off-takers that will emerge after a competitive bid for the proposed 2015/16 crude oil term contract to 16 from 43.
NNPC, which announced a raft of measures aimed at rooting out mismanagement in Nigeria's oil sector, said it had extended invitations to Mobil and Forte Oil, in addition to an earlier published list, to bid for the new proposed offshore processing agreement.

Comments

Post a Comment

Popular Posts

Ice Prince preaches against pre-marital sex

By
*Ice Prince Zamani Ice Prince may have learnt one or two lessons from having a child outside wedlock as the young man, perhaps from experience, advised students of the University of Lagos against having pre-marital sex. At the MTV Base Suga Tour where the singer was one of the artistes that performed, Ice Prince thrilled the students and other guests with hits from his albums, making them dance and dance as they sang along with him. Amid the fun, some of the students inflated condoms and turned them into balloons and started tossing them around the auditorium. It was then Ice Prince caught one of the condom turned balloons and started preaching against pre-marital sex. His advice was well accepted but it didn’t stop one or two of the students talking about Ice Prince being a father. “This guy thinks we don’t know that he has a child outside wedlock or does he think we would have forgotten so quickly. I think he should have given himself this advice before impregnating a w...
Post a Comment
Read full story »

Buhari Seeks Approval of $75 Million World Bank Loan For Edo

By
President Muhammadu Buhari has written to the Senate seeking approval of a $75 million World Bank loan on behalf of the Edo State. “I am writing to seek the consideration of the national assembly of Nigeria on approval of a request by the Edo state government‎ to obtain a $75 million credit facility from the World Bank,” the president wrote in a letter read on the floor of the upper chamber by Bukola Saraki, Senate President, on Tuesday.
Post a Comment
Read full story »

Zambia shuts schools over typhoid outbreak

By
Thirty schools in the Zambian capital Lusaka have been closed due to unsanitary conditions following an outbreak of typhoid in the city, the Times of Zambia reported on Thursday. Public Relations Manager for Lusaka City Council, Mulunda Habenzu, said the schools, including both public and privately-run ones, are in Kanyama, a densely-populated shanty town, west of the city, where the water-borne disease has broken out. So far, a 11-year-old girl in one of the schools has died of suspected typhoid while two others have been tested positive for the disease, the official said. The health ministry claims it has scaled up measures to bar the disease from spreading to other parts of the city. Deputy Minister of Health, Chitalu Chilufya, said 36 cases were recorded in Kanyama but noted that the situation has been brought under control. “There has been no escalation in cases of typhoid from the initial 36 that we are talking about in the township and we will not relent in the quest t...
Post a Comment
Read full story »