Refineries Lack Access To Crude Oil – NNPC
Group Managing Director,Nigerian National Petroleum Corporation (NNPC) Emmanuel Ibe Kachikwu, on Tuesday, October 27, stated that the nation’s refineries not performing optimally because they are unable to access crude oil for refining .
The State-run oil firm’s boss said the four refineries are grappling with mundane equipment and are unable to take crude oil for refining into finished products.
Represented by the Executive Director, Pipelines and Products Marketing Company (PPMC) Aisha Katagwu at the ninth Oil Trading & Logistics (OTL) Expo in Lagos, Kachikwu said the Corporation is working hard to improve pipelines security, restructure its corporate centres, provide transparent and accountable operations, improve efficiency among its workforce.
In addition, he said the state-run oil firm was also taking other measures to stop leakages/wastages in the system.