The Nigerian National Petroleum Company (NNPC) Limited has signed a build, operate, and transfer agreement for the rehabilitation of pipelines and storage facilities throughout the country.
The NNPC revealed this in a documentary aired on TheCable on Thursday.
Speaking of its achievements in 2023, the company stated that a 150 million litre storage facility was built for the Port Harcourt refinery before the plant’s full operationalisation.
The firm said:
“Ahead of full operations, NNPC Limited has put in place a 150 million litres fully automated capacity at Atlas Cove. NNPC Limited also inked build, operate, and transfer agreement for the rehabilitation of pipelines and storage across the country.”
Ibrahim Onoja, managing director of the Port Harcourt refinery, stated that “the rehabilitation [of the plant] is so structured”.
Onoja said:
“It is based on a very firm foundation that we knew from the beginning that it will deliver. We started this process by setting up a governance process to ensure that the rehabilitation is a success.”
In May 2021, NNPC began rehabilitation work at the refinery in Rivers state.
The company announced on December 21, 2023, that the mechanical phase of the facility’s turnaround maintenance had been completed.
“We shall from time to time visit to see the progress of work outside, and sooner than later we shall come on to commission the work,” Mele Kyari, NNPC’s group chief executive officer (GCEO), had said.
The national oil firm later said test runs at the refinery will be completed this month.