NEWS

NNPC reveals refineries produced no petrol in eight months

The Nigerian National Petroleum Corporation (NNPC) has revealed that none of the refineries produced petrol or kerosene was produced for eight months.

This was based on the latest figures released by the NNPC on refined white products (petrol and kerosene) from local refineries which showed that from June 2019 till January 2020; none of the facilities engaged in any refinery process.

It was further observed that the last time the refineries produced Premium Motor Spirit; otherwise called petrol, was in May last year.

The same scenario also applied in the production of Dual Purpose Kerosene; often referred to as kerosene, as the last time it was refined by the facilities was in May 2019.

Kaduna Refining and Petrochemical Company, Port Harcourt Refining Company and Warri Refining and Petrochemical Company are the refineries under the management of the NNPC.

An analysis of the figures should that in January, February and March 2019; the refineries produced 45.5 million litres, 44.1 million litres and 44.1 million litres of petrol respectively.

Also, in the same first three months of last year, they jointly produced 36 million litres, 36.1 million litres and 38.2 million litres of the DPK respectively.

But in April last year, their production of the PMS and the DPK crashed to zero; meaning that they refined no white product in that month.

In May 2019, they produced 9.1 million litres of petrol and 4.9 million litres of kerosene.

However, from June last year till January 2020, no drop of petrol or kerosene was produced by the refineries; as they recorded zero all through the eight-month period.

The NNPC explained this inactivity; “No white product was produced in January 2020 and apparently for the past seven consecutive months.

“The lack of production is due to ongoing rehabilitation works at the refineries.”

But stakeholders in the oil sector faulted the never-ending rehabilitation of Nigeria’s refineries and had called on the government to privatise the facilities.

Recently, a consortium of about 15 civil society organisations asked the Federal Government to privatise the refineries.

According to the groups, this will help the government as it currently struggles to manage the Nigerian economy following the impact of the COVID-19 pandemic on crude oil price globally.

CISLAC, BudgIT and 13 other organisations disclosed this in a recommendation released; after their meeting on developments in Nigeria’s oil sector.

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