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Port Harcourt Refinery Prepares To Commence Operations
Port Harcourt Refinery Prepares To Commence Operations....KINDLY READ THE FULL STORY HERE▶
Amidst reports heralding the commencement of operations at the Port Harcourt Refinery, a former member of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has shed light on the state of affairs at the facility……….CONTINUE READING
The impending start of operations follows the delivery of 475,000 barrels of crude oil by the Shell Petroleum Development Company Limited.
In a statement issued by Shell, it was revealed, “This significant milestone was made possible through intensive preparations, collaboration, and the unwavering dedication of the Bonny Oil and Gas Terminal (BOGT) and Port Harcourt Refinery Company (PHRC) teams.”
“The resumption of crude oil supply from the Bonny Oil and Gas Terminal to Port Harcourt Refinery marks a momentous achievement and represents a pivotal development for the industry and the nation at large. The concerted efforts and commitment demonstrated by both teams were instrumental in surmounting challenges and ensuring a safe and efficient supply operation.”
“This achievement aligns with the government’s objective of ensuring a consistent supply of petroleum products to the downstream market, thereby fostering economic growth and stability,” the statement added.
The Nigerian National Petroleum Company (NNPC) Ltd had previously announced the attainment of mechanical completion for rehabilitation work on Area 5 Plant of the PHRC.
Rehabilitation efforts have been ongoing at the Refinery for over two years, with NNPC Ltd. committing to completing Phase One of the project by December 31st, 2023.
During an inspection tour of the rehabilitation project, Mele Kyari, the Group Chief Executive Officer of NNPC Ltd., disclosed that as of December 15th, 2023, 84.4% of Area 5 Plant and 77.4% of the entire rehabilitation project had been completed.
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