L
LequteMan
Guest
The Kaduna Refining and Petrochemicals Company (KRPC), has begun production of petroleum products.
According to Thisday, the company and is refining about 60,000 barrels of crude per day following the rehabilitation of its two production lines.
The company said it was currently working with a target to release two million litres of petrol daily into the market by October.
The Managing Director of the company, Mr. Saidu Muhammed said KRPC was on phased rehabilitation, with a target to hit 60 per cent of its local refining capacity, which is about 2 million litres daily, in the next few months, stating further that there is no reason why the company cannot achieve 6 million litres by early next year.
"We are doing alot at the moment to make sure that we achieve 80 per cent of refinning capacity."
He assured that the KRPC’s production level would hit 90 per cent by the second quarter of 2016.
The company has an installed production capacity of 110,000 barrels of crude per day. The managing director said rehabilitation work on the remaining two production lines of the company would be completed by March 2016.
According to Thisday, the company and is refining about 60,000 barrels of crude per day following the rehabilitation of its two production lines.
The company said it was currently working with a target to release two million litres of petrol daily into the market by October.
The Managing Director of the company, Mr. Saidu Muhammed said KRPC was on phased rehabilitation, with a target to hit 60 per cent of its local refining capacity, which is about 2 million litres daily, in the next few months, stating further that there is no reason why the company cannot achieve 6 million litres by early next year.
"We are doing alot at the moment to make sure that we achieve 80 per cent of refinning capacity."
He assured that the KRPC’s production level would hit 90 per cent by the second quarter of 2016.
The company has an installed production capacity of 110,000 barrels of crude per day. The managing director said rehabilitation work on the remaining two production lines of the company would be completed by March 2016.
