The Kaduna refinery is to hit 90% production in 2016. Shehu Malami, the manager of the Kaduna Refining and Petrochemicals Company (KRPC) said the refinery will save $5.33 million daily when it hits 90% production capacity.
Malami Shehu said this at a two-day annual energy Correspondents Workshop, themed “Development Communication: An Imperative for the Oil And Gas Industry.”
He told the participants at the workshop that:
The impact of KRPC operations on the economy means that if the refinery operates at 90 percent capacity, it will save the nation $1.892million from importation of Premium Motor Spirit (PMS).
At same 90 percent, KRPC will save $672,546 daily on importation of Kerosene, $1.86 million daily on import of diesel, $176,727 daily on importation of LPG and $727,306 million daily on import of Fuel Oil. This represents a total savings of $5.33 million daily for fuel products only.
Malami said the refinery is expected to produce 4,624,650 liters of PMS (petrol) when it attains 90 per cent capacity in the first quota of 2016 as against its current 60 per cent status of 3,083,100 liters.
According to him, the volume of Kerosene production will rise to 1,849,500 liters at 90 per cent capacity as against the current 1,233,000 liters production at 60 per cent capacity.
Malami Shehu also said that diesel production in the Kaduna Refinery will hit 3,153,600 liters at 90 per cent, as against 2,102,400 liters at current 60 per cent capacity, while the LPG will attain 486,000 liters at 90 per cent from its current 324,000 liters at 60 per cent capacity.