The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that the ongoing Kaduna Refinery and Petrochemicals Company Limited (KRPC) quick-fix project is expected to be completed by the end of 2024.
According to a statement posted on the official Twitter handle of the Nigerian National Petroleum Company (NNPC) Limited, Lokpobiri made this disclosure during an inspection tour of the refinery, where he assessed the progress of the work being done on the project.
The statement read, "Lokpobiri said he is confident that the refinery will be restreamed by the end of 2024, considering the 'significant level of progress' he has witnessed on the tour.
"The Minister, who observed that he would continue to hold key players involved in the rehabilitation process of the nation’s refineries accountable, also pledged Federal Government support in ensuring the timely delivery of the project.
"According to the Minister, there is an urgent need to get the refinery back on stream for the nation’s economic prosperity and energy security, which are both paths to sustainable development."
Mele Kyari, the Group Chief Executive Officer of NNPC, assured the Minister that the fuel plant at the refinery will be operational by the end of 2024.
Kyari stressed that the NNPC is dedicated to ensuring that the refinery is brought back online as soon as possible.
He stated that the contractor has mobilized to the site and that the necessary equipment for the quick-fix activities has been acquired.
The refinery's quick-fix project is expected to improve the quality of fuel products available to the Nigerian market and help alleviate fuel shortages.
Kyari said, "We are very confident that we will get the appropriate financing to get to the end of it, and ultimately, we will start to deliver value to Nigerians again. We plan the quick fix for 60,000 barrels per day so that we can start making money from this plant and continue the other part of the refinery to bring it up to its full-fledged capacity.
"This will also tally with the completion of the Build, Operate, and Transfer on the pipeline so as to have a reliable pipeline delivery infrastructure."