The Kaduna Refining and Petrochemicals Company (KRPC), is now refining about 60,000 barrels of crude per day following the rehabilitation of two of the company’s production lines, ThisDay reports. The company said it was currently working with a target to release two million litres of petrol daily into the market by October.
The Managing Director of the company, Mr. Saidu Muhammed said on Friday that the company was on a phased rehabilitation, with a target to hit 60 per cent of its local refining capacity, which is about 2 million litres daily, in the next few months, stating further that there is no reason why the company cannot achieve 6 million litres by early next year.
The company has an installed production capacity of 110,000 barrels of crude per day. The managing director said rehabilitation work on the remaining two production lines of the company would be completed by March 2016.
The Nigerian National Petroleum Corporation (NNPC), on Wednesday announced that the Port Harcourt and Warri refineries had also resumed full production after the phased rehabilitation.