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New Port Harcourt refinery complex to come on stream mid-2025- NNPCL

by Present Nigeria
November 26, 2024
in Business
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New Port Harcourt refinery complex to come on stream mid-2025- NNPCL
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The 150,000 barrels per day new Port Harcourt Refining Company (PHRC) complex is set to come on stream by mid-2025.

This is according to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari who spoke to a select group of journalists at the facility in Rivers State on Tuesday.

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Kyari also noted that the old refinery complex which started full operations can feed 200,000 trucks with various products per day.

He said the major challenge that plagued the timely resuscitation of the complex was ensuring a complete overhaul of the machines which are brand new.

The NNPCL chief was accompanied by the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Ahmed Farouk and will conduct a media tour of the facility in the oil-rich state.

Earlier, the Chief Corporate Communications Officer of the NNPCL Femi Soneye said truck loading will also commence on Tuesday (today) at the Port Harcourt refinery, adding that the NNPCL is “working tirelessly to bring the Warri Refinery back online soon”.

The commencement of production at the Port Harcourt refinery followed a series of failed deadlines.

In 2021, the Federal Government approved $1.5 billion (1.2 billion euros) to repair the plant, one of the country’s biggest refineries which was shut down two years before that.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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