The Warri Refinery has been
temporarily shut down due to operational challenges emanating from insufficient
crude oil supply in the system as disclosed by Mr. Ohi Alegbe, Group General
Manager, Group Public Affairs Division for the Nigerian National Petroleum
Commission (NNPC) according to reports by Reuters.
Mr. Alegbe further informed that
the refinery would be reopened again for operations on Tuesday and that "they
are supposed to have at least a 25-day sufficiency in the supply of crude. So
because of the depletion in the volume of crude they have had to temporarily
shut down," said Alegbe.
The state oil company also said
on Thursday it has reduced the number of off-takers that will emerge after a
competitive bid for the proposed 2015/16 crude oil term contract to 16 from 43.