The Nigerian National Petroleum Company Limited has revealed plans to transition the operation and maintenance of the Warri and Kaduna refineries to a private firm.
This significant move was disclosed on Friday through an announcement on the company’s official account.
In the announcement, NNPCL invited interested parties to bid for the provision of Operations and Maintenance services for both the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company.
The notice highlighted that bidders must possess substantial experience in key areas such as “Product Tanks/Storage Facilities Maintenance” and the complex processes involved in “Commissioning/Start-Up/Post Commissioning/Turnaround.”
The Warri refinery, with a capacity of 125,000 barrels per day, was commissioned in 1983, while the Kaduna refinery, which can process 110,000 barrels per day, began operations in 1980.
Both refineries have faced challenges in maintaining consistent production, which NNPCL aims to address through this new initiative.
This development follows a recent statement by NNPCL’s Chief Financial Officer, Umar Ajiya, who announced a revised timeline, setting September 2024 as the target date for resuming commercial production at the Port Harcourt Refinery.