The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPC Ltd.), Eng. Bashir Bayo Ojulari, has sure Nigerians that the company is taking deliberate steps to fully restore operations at the country’s three major refineries located in Warri, Port Harcourt and Kaduna.
Ojulari, in an X post on Wednesday, said the NNPC remains committed to repositioning Nigeria’s refineries for optimal performance and sustainability through a comprehensive technical and commercial review.
“We are full of determination! We look to the future with optimism to ensure that our refineries operate efficiently,” said Ojulari. “We are spending a lot of time on a detailed review and are eager to implement our insights.”
According to him, “What drives our drive is the understanding that the prosperity of Nigerian states and the future success of Nigeria will always take priority over any individual interest. This same commitment inspires us as we anticipate creating sustainable solutions for our refineries in the near future.”
Sharing further updates, the NNPC boss revealed that the company is currently in the technical and commercial review stage of the three refineries.
The stage, he added, involves a comprehensive assessment of the three refineries to determine the best course of action to upgrade or repurpose them as necessary.
The NNPC boss noted that the next phase of the project would focus on forming “advanced technical partnerships” with selected technical partners who have a track record of operating refineries to international standards.
In addition to the rehabilitation process, Ojulari said the company is also integrating the project into the “National Energy Strategy, with emphasis on “energy security and asset optimization.”
According to him, the strategy is designed to ensure that NNPC maintains the ability to meet the requirements of the Petroleum Industry Act (PIA) as a supplier of last resort for petroleum products, while ensuring efficient and profitable refinery operations.
Ojulari reaffirmed that the company is repositioning itself as a transparent and commercially driven energy company, focused on delivering value to Nigerians. “We are repositioning ourselves as a transparent and commercial energy company serving Nigerians,” Ojulari said.
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