BREAKING: Port Harcourt refinery begins operation
Nigeria’s owned
After many postponements, the Port Harcourt Refinery has eventually commenced partial production of crude oil.
Spokesperson for the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, made this known on Tuesday.
The refinery which had been moribond for years is starting operation with 60 per cent refining capacity.
According to Soneye, the refinery is processing 60,000 barrels per day of crude.
The Port Harcourt refinery has a combined 250,000 barrels per day capacity.
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Last week, the NNPC disclosed why the hitherto moribond but perennially-maintained and dollar-gulping Port Harcourt Refinery had not commenced operations.
The state-owned petroleum company had said the refinery would begin operation in September but the deadline did not materialise just like previous deadlines issued for the take-off of the refinery were not met.
The NNPC said it did not meet its last deadline and deliver the much-awaited refinery, which many observers and experts have touted as the panacea to Nigeria’s energy crisis, because of the challenges it encountered during the project.
There are exceptions that the refinery along with others, in Kaduna and Warri, will be fully privatised after their rehabilitation.
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