Tope Oshin
Nigeria has restarted the operation of Kaduna refinery, an official at state oil firm NNPC said on Monday after a pipeline pumping crude to the plant resumed operations.
The refinery, which has a capacity of 110,000 barrels a day, resumed on Saturday, said Ohi Alegbe, a spokesman for NNPC. He gave no production data.
Nigeria’s four ageing oil refineries produced nothing in October, despite a goal from the state company to produce 30 percent of its own gasoline in 2016.
Despite exporting 2 million barrels per day (bpd) of crude oil, Nigeria is almost wholly reliant on imported gasoline, kerosene and other petroleum products.
Source: Reuters
__________
Follow us on Twitter at @thesignalng
Copyright 2015 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.