Business NNPC: 9 Firms Submit Bids for New Refineries


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The Nigerian National Petroleum Corporation on Thursday announced that it had opened bids for the location of new refineries within the existing refineries in the country.

The Chief Operating Officer, Refineries, NNPC, Mr. Anibo Kragha, disclosed this at the opening of the technical bids for the location of new refineries within the existing plants at the corporation’s headquarters in Abuja.

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He said the bidding was a demonstration of the determination of the government and the NNPC to increase the nation’s crude oil refining capacity from 445,000 barrels per day to 650,000bpd.

According to him, a technical evaluation committee has been set up to study the bids and will announce the winners as soon as possible.
 
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