Nigeria's petroleum marketers predict a reduction in petroleum product prices following the commencement of operations at the Port Harcourt Refinery. Billy Gillis-Harry, President of PETROAN, indicates that prices could drop below N1060 per litre.
Nigeria 's petroleum marketers have said that with the coming on stream of Port Harcourt refinery, Nigeria ns should expect a drop in prices of petroleum products. The President of the Petroleum Products Retail Outlet Owners Association, PETROAN , Billy Gillis-Harry made this known to DAILY POST on Tuesday in an interview. Gillis-Harry was reacting to the commencement of Port Harcourt Refinery on Tuesday.
'The price of the Port Harcourt refinery petroleum products has not been revealed as we speak. 'The first thing we should talk about is the availability of the products. 'The price of Port Harcourt Refinery products will be pocket-friendly as a result of deregulation in the sector. 'By Monday and Friday, I will be able to tell you the exact price of Port Harcourt Refinery's product. 'With the Port Harcourt refinery, the price of NNPCL petrol will drop.
Port Harcourt Refinery Petrol Prices Nigeria PETROAN Billy Gillis-Harry NNPCL
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria's Port Harcourt Refinery Starts Operations at 60 Percent CapacityThe Nigerian presidency has announced that the state-owned Port Harcourt Refinery has commenced crude oil processing at 60 percent of its capacity, with plans to load 200 trucks daily with products. The refinery is expected to handle 60,000 barrels per day of crude oil.
Read more »
Nigeria's Petrol Loading Confirmed at Port Harcourt RefineryThe Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has confirmed the loading of Premium Motor Spirit (PMS) at the Port Harcourt refinery. The Rivers State Chairman of PETROAN, Francis Dimkpa, expressed optimism about the impact of sustained crude oil production on petrol distribution and prices. An emergency meeting is planned for Thursday to discuss the loading process and broader distribution strategies.
Read more »
Port Harcourt Refinery: Why fuel price can’t crash to N700A former governorship candidate in Rivers State, Pastor Tonye Cole, has said that Nigerian refineries cannot sell a litre of Premium Motor Spirit for N700 or below at this point.
Read more »
Petrol price: Port Harcourt refinery dead on arrival — Economist EmmanuelA popular Nigerian economist, Kelvin Emmanuel, has said that the Port Harcourt refinery is dead on arrival and cannot be brought back to life. Emmanuel disclosed this during an interview with Channels Television on Monday.
Read more »
President Tinubu Challenges Obasanjo's Pessimism on Port Harcourt RefineryFollowing the commencement of the Port Harcourt refinery's operation, President Tinubu's team has challenged former President Obasanjo's previous comments regarding the facility's potential. The recent operations contradict Obasanjo's pessimistic stance.
Read more »
Port Harcourt Refinery begins operation, says NNPCThe NNPC Ltd said the refinery began truck loading of petroleum products on Tuesday 26 November.
Read more »