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NNPC to Advance Kaduna and Warri Rehab Refineries in July

7/1/2021

The Nigerian National Petroleum Corporation (NNPC) announced in late June that it plans to award EPC contracts by the end of July for a pair of state-owned Nigerian Refineries.  The company has been planning a much-needed rehabilitation project for the 10,000 barrel per day Kaduna and the 125,000 barrel per day Warri refineries, as they have fallen into inefficient operation over the years. This plan to have EPC contracts in place follows the approval of a $1.5 billion rehab plan for the 210,000 barrel per day Port Harcourt refinery from earlier in 2021, which was achieved through bank loans rather than federal money sources. This rehabilitation plan, along with NNPC’s initiative to secure

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