ANOTHER OIL REFINERY IN OPERATION IN NIGERIA !!
- Positive developments for Nigeria as a video indicates the readiness of the Port Harcourt refinery to commence operations.
- This marks the fulfillment of the federal government's commitment, with expectations for the refinery to process 210,000 barrels per day, contributing to increased competition in the refining sector.
![]() |
| source: Pinterest |
The much-anticipated Port Harcourt refinery has been completed, aligning with the government's commitment to commence operations by December 2023.
In a video update, the refinery lights were turned on Wednesday, December 20, 2023.
According to a video uploaded on X, the refinery's flare indicated the commencement of oil refining.
Several months ago, Heineken Lokpobiri, the minister of state for petroleum (Oil), revealed in August that the Port Harcourt refinery would start operating in December 2023.
The minister said the objective is to ensure the country stops importing fuel.
The group chief executive officer of the NNPCL, Mele Kyari, said,
I can confirm to you that by the end of December this year, we will start the Port Harcourt refinery; early in the first quarter of 2024, we will start the Warri refinery, and by the end of 2024, Kaduna refinery will come into operation.
The commencement of the Port Harcourt refinery, which cost the federal government $1.5 billion to rehabilitate, along with several modular refineries and the Dangote refinery, gives hope that this achievement can be realised.
Meanwhile, Nigerians will be hoping that the good news of refineries starting operations will signal a reduction in the price of fuel, which currently averages N650 per litre.
source: legit.ng
BLACK GOLD BULLETIN...
...where oil minds unite

Comments
Post a Comment