General Electric offers to fix Warri, PH and Warri refineries

Diesel and Kerosene production starts at Warri and Port Harcout refineries

General Electric, GE, a US multinational company, has proposed to invest in the nation’s three refineries located in Port Harcourt, Warri and Kaduna.

The US company intends to begin work on either with the Warri or Port Harcourt refinery as a pilot and set a target to improve the refinery capacity before the end of 2017.

Jeff Immelt, GE global chairman and chief executive officer, who made the proposal to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru in Abuja, says the company’s teams of partners, will be engaged in the initiative.

GE’s desire to partner with NNPC on the rehabilitation of the three refineries came on the heels of a similar proposal by the Italian company, ENI, for the rehabilitation and enhancement of Port Harcourt refinery.

GE, which is headquartered in Boston, Massachusetts, is worth $493 billion in asset and its business focus areas include oil and gas, power, water supply, aviation, healthcare, transportation and capital.

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