NNPCL, African Refinery sign pact for colocation of 100,000bpd refinery in PHRC

The Nation Newspaper NNPCL, African Refinery sign pact for colocation of 100,000bpd refinery in PHRC

on Thursday, April 25, signed a share subscription agreement with African Refinery for the colocation of a 100,000-capacity refinery with the complex of PHRC.

The company added that the agreement will lead to the supply of other petroleum products to the domestic and international markets.It said: “NNPC Ltd.’s move to boost local refining capacity witnessed a boost today with the signing of a share subscription agreement between the Port Harcourt Refining Company and African Refinery for the co-location of a 100,000bpd capacity refinery within the PHRC complex.

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