Monday, March 10, 2008

Nigeria to start imports of heavy crude from Venezuela to run KPRC

Nigeria plans to start importing heavy crude from Venezuela to run the petroleum unit of its Kaduna Refinery and Petrochemical Company Refinery (KPRC). The 110,000 bpd refinery that has been shut down since early 2006 after militants bombed the pipeline supplying crude to the refinery, is to resume production this week. The Warri Refining and Petrochemicals Company (WRPC) which supplies crude to Kaduna refinery resumed operations after about two years of idleness. The pipeline supplying Warri with crude from Escravos has come on stream after total rehabilitation at a cost of $63 mln.

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