NNPC warns against selling refineries as scrap

AI Summary

Nigeria’s national oil company says it will not continue rehabilitating state-owned refineries without a credible route to profitability. NNPC is seeking technical equity partners and has warned against selling the facilities for scrap.

The NNPC says it will no longer rehabilitate state-owned refineries without a clear path to profitability, seeking technical equity partners with a stake. Read More: https://punchng.com/nnpc-warns-against-selling-refineries-as-scrap/