Show Mobile Navigation

Thursday, 31 March 2016

Revamp Of Refineries As FG Holds Talk With Chevron, Total and ENI

kandy wandy - 03:00:00
Dr. Emmanuel Ibe Kachikwu, The minister of state for petroleum,  said on Tuesday that the federal government is in talks with oil majors Chevron, France’s Total and Italy’s ENI to get help revamping the ailing refineries in Africa’s top crude producer, Reuters reports.

For weeks, motorists across the country have been queuing to get petrol and the NNPC has been struggling to restart its outdated refineries in Port Harcourt, Warri and Kaduna to meet this demand as well as to end its dependency on costly fuel imports.
Kachikwu, who also heads state oil firm NNPC, said Nigeria wanted to privatise the refineries within 12 months following repairs. “We have gotten commitments from some of the majors. (ENI’s) Agip has indicated interest to work with us on Port Harcourt, Chevron on Warri,” he told the Senate. 
Credit: Energymixreport
“We are talking to Total on Kaduna” he added. Kachikwu has previously said NNPC was looking at partnerships or takeovers.

0 comments:

Post a Comment