metro

BREAKING: Port Harcourt refinery begins operation

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.

READ ALSO:

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.

BREAKING: Port Harcourt refinery begins operation

Trends Admin

Recent Posts

US University opens 2025 scholarships for international students

US University opens 2025 scholarships for international students Montana Technological University (Montana Tech) has opened…

2 hours ago

200,000 repentant terrorists surrender, drop arms in North East – CDS

200,000 repentant terrorists surrender, drop arms in North East – CDS The Chief of Defence…

2 hours ago

Canadian university offers funded national scholarship program for 2025

Canadian university offers funded national scholarship program for 2025 Western University has announced that applications…

2 hours ago

Israeli strikes pound central Beirut, suburbs

Israeli strikes pound central Beirut, suburbs BEIRUT: Israeli strikes pounded a densely-populated part of the Lebanese…

2 hours ago

Robbers kill two members in shoot-out with Delta police

Robbers kill two members in shoot-out with Delta police The spokesperson for the police in Delta…

3 hours ago

Akwa Ibom businessman abducted, driver killed, police orderly injured

Akwa Ibom businessman abducted, driver killed, police orderly injured Gunmen kidnapped a prominent businessman, Dr. Samuel…

3 hours ago