Tag: Refinery
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NNPC defends decision to spend $1.5bn to rehabilitate Port Harcourt refinery
The Nigerian National Petroleum Corporation (NNPC) yesterday vigorously defended the approval of a whopping $1.5 billion for the rehabilitation of the Port Harcourt refinery, maintaining that apart from following due process, building a new refinery in the class of the one in Rivers will cost the federal government between $7 billion and $12 billion. Group…
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Nigeria doesn’t have resources to build new refineries – Kyari
The Nigerian National Petroleum Corporation (NNPC) has said that the country does not have the financial muscle now to build a new refinery going by the economic situation of the country. Mele Kyari, NNPC Group Managing Director, disclosed this on Monday in Abuja while engaging newsmen on issues emanating from the proposed rehabilitation of the…
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BREAKING: FEC approves repair of Port Harcourt refinery
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved 1.5billion dollars for the rehabilitation of the Port Harcourt Refinery in Rivers State. Minister of State for Petroleum Resources, Timipre Sylva, made this known when he briefed State House correspondents on the outcome of the Council meeting held at the Presidential…
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State of the nation: Urhobo nation takes stand with PANDEF, present demands [Statement]
Gentlemen of the press, I welcome you all to this briefing to discuss with you issues pertaining to the welfare of the Urhobo People in the context of the progress of Nigeria. First, however, let me introduce to you the Urhobo Nation and its principal cultural agency, Urhobo Progress Union, which I currently head as…
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Nigeria, Niger sign MOU on $2bn Hydrocarbon Pipeline, Refinery projects
Nigeria and the Republic of Niger on Tuesday in Abuja signed Memorandum of Understanding (Mou) on the construction of two billion dollars Hydrocarbon Pipeline and Refinery in Nigeria. The signing of the MoU was witnessed by President Muhammadu Buhari and his Nigerien counterpart Mahammadou Issoufou at the new Banquet Hall, Aso Rock, Abuja. Speaking at…
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FG set to establish 2 modular refineries in Niger Delta
The Federal Government is making progress on the establishment of modular refineries with the arrival of one set of package shipment already in the country and undergoing Customs clearance. The Niger Delta Inter-Ministerial Committee, chaired by Vice President Yemi Osinbajo, informed members at its presentation meeting in Abuja that the refinery would be installed in…
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Dangote Group trains 150 indigenous engineers in refinery operations
The Management of Dangote Oil Refinery Company (DORC) says about 150 indigenous engineers have been trained in refinery operations in preparation for the take-off of its Lagos Refinery and Petrochemical Plant. Mr Mohan Kumar, the company’s Director of Human Capital Management and Project Support, made this known at a news conference in Lagos on Monday…
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Nigeria, Niger Republic partner to construct refinery in Katsina
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Wednesday signed an agreement with the President of the Republic of Niger, Mahamadou Issoufou and the Energy Minister of the Republic of Niger, Mr. Foumakoye Gado to construct a refinery in the border town between the Republic of Niger and Katsina State. According…
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FG urges Dangote to stop fuel importation by 2019
The Federal Government has urged Aliko Dangote, president of Dangote group, to make sure that he achieves his target of ending fuel importation in the country by December 2019. Minister of state for petroleum resources, Ibe Kachikwu, made the call when he visited the Dangote oil refinery site at Lekki free trade zone, Lagos state,…