The Nigerian presidency has provided updates on the resumption of operations at the state-owned Port Harcourt Refinery, which has begun processing crude oil.
AFRIPOST had reported that Olufemi Soneye, spokesperson for the Nigerian National Petroleum Company Limited (NNPC), announced on Tuesday that the refinery has started operations at 60% capacity, processing 60,000 barrels of crude oil per day.
This development follows multiple missed deadlines for the refinery’s rehabilitation.
In addition, Sunday Dare, Special Adviser on Media and Public Communications to President Bola Tinubu, shared further details, revealing that the refinery is expected to dispatch 200 trucks of products daily.
In a video statement, Dare explained that the refinery consists of two sections, with the older section now operational, having an installed capacity of 60,000 barrels per day.
Dare remarked, “The Port Harcourt Refinery has two wings. The Old Refinery begins operations today with an installed capacity of 60,000 barrels per day. Approximately 200 trucks are projected to load products daily, renewing Nigeria’s hope in its refining capacity.”
The $1.5 billion rehabilitation of the refinery was approved by the Nigerian government in 2021.
The Port Harcourt Refining Company (PHRC), located in Rivers State, comprises two state-owned refineries with a combined installed capacity of 210,000 barrels per day.
