L
LequteMan
Guest
The Petroleum and Natural Gas Senior Staff Association of Nigeria has condemned the the Independent Petroleum Marketers Association of Nigeria's suggestion that the nation's refineries be sold.
“Nigerians need to ask the IPMAN leadership why they want the refineries, which can be said to be in good form now, sold as scrap. Even when the government has shown that the refineries can work and take care of 75 per cent of the nation’s local demand for refined products," PENGASSAN's PRO, Emmanuel Ojugbana, said in a statement on Sunday.
“The challenge confronting the functionality of the refineries is not the ownership. We have examples of countries even in West Africa such as Ghana and Chad Republic, just to mention a few, where refineries are owned by the government. The refineries in those countries are not only functioning, but Nigeria even imported from them in the past.”
“IPMAN should know that aside from the challenge of turnaround maintenance of the refineries, adequate and regular supply of crude, which is the main feedstock, is another major impediment to the efficient and effective operation of the refineries.
“When the plant is idle for too long, this breeds residual faults and problems whenever there is an attempt to start up, since the design of a refinery is better when it is continuously operated. We are again demanding adequate and regular supply of crude oil to the four refineries to alleviate the suffering of Nigerians and reduce or eliminate subsidy payment, considering the plunge in global oil prices.”
“Nigerians need to ask the IPMAN leadership why they want the refineries, which can be said to be in good form now, sold as scrap. Even when the government has shown that the refineries can work and take care of 75 per cent of the nation’s local demand for refined products," PENGASSAN's PRO, Emmanuel Ojugbana, said in a statement on Sunday.
“The challenge confronting the functionality of the refineries is not the ownership. We have examples of countries even in West Africa such as Ghana and Chad Republic, just to mention a few, where refineries are owned by the government. The refineries in those countries are not only functioning, but Nigeria even imported from them in the past.”
“IPMAN should know that aside from the challenge of turnaround maintenance of the refineries, adequate and regular supply of crude, which is the main feedstock, is another major impediment to the efficient and effective operation of the refineries.
“When the plant is idle for too long, this breeds residual faults and problems whenever there is an attempt to start up, since the design of a refinery is better when it is continuously operated. We are again demanding adequate and regular supply of crude oil to the four refineries to alleviate the suffering of Nigerians and reduce or eliminate subsidy payment, considering the plunge in global oil prices.”
