Port Harcourt Refinery in Nigeria Yet to Commence Operations Despite Claims

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Port Harcourt Refinery in Nigeria Yet to Commence Operations Despite Claims
Port Harcourt RefineryNigeriaOperations
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Contrary to information by the Nigerian National Petroleum Corporation (NNPC) Limited that the Port Harcourt Refining Company (PHRC) has commenced operations, sources close to the rehabilitation project toldThe PHRC is capable of producing 60,000bpd (at full capacity), which, if refined, could yield about 10.1m litres of petrol or roughly one-third of Nigeria’s estimated daily consumption. The four state-owned decrepit refineries with a combined 450,000 barrels per day, 110,000 barrels Kaduna plant in the north and three units in the oil-rich Niger Delta, including the 125,000 barrels Warri refinery, have been shut for years. The four local refineries in Nigeria, including Port Harcourt, had stopped operations in 2019, causing problems in the country’s fuel supply. In August, Senator Heineken Lokpobiri, the minister of state for Petroleum Resources, visited the PHRC and announced that it would start working again by the end of the year. The federal government had in 2021 approved the sum of $1.5 billion to fix the Port Harcourt refinery

Contrary to information by the Nigeria n National Petroleum Corporation (NNPC) Limited that the Port Harcourt Refining Company (PHRC) has commenced operations, sources close to the rehabilitation project toldThe PHRC is capable of producing 60,000bpd (at full capacity), which, if refined, could yield about 10.1m litres of petrol or roughly one-third of Nigeria ’s estimated daily consumption.

The four state-owned decrepit refineries with a combined 450,000 barrels per day, 110,000 barrels Kaduna plant in the north and three units in the oil-rich Niger Delta, including the 125,000 barrels Warri refinery, have been shut for years. The four local refineries in Nigeria, including Port Harcourt, had stopped operations in 2019, causing problems in the country’s fuel supply. In August, Senator Heineken Lokpobiri, the minister of state for Petroleum Resources, visited the PHRC and announced that it would start working again by the end of the year. The federal government had in 2021 approved the sum of $1.5 billion to fix the Port Harcourt refiner

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