Petrol Price Hike: Port Harcourt refinery begins operation
The Port Harcourt Refinery, managed by NNPCL through the Port Harcourt Refining Company Limited has commenced operations after undergoing rehabilitation and modernisation.
The refinery with 210,000 bpd refining capacity located at Alesa, Eleme, in Port Harcourt, comprises two operational units established in 1965 and 1989.
The old plant refines a capacity of 60,000 barrels per day (bpd), while the new plant refines 150,000bpd.
The federal government, under former President Muhammadu Buhari, had in March 2021 secured a $1.5 billion loan to rehabilitate the facility, which contract was awarded to an Italian firm, Tecnimont S.P.A, a subsidiary of Maire Tecnimont Group.
NNPCL boss Mele Kyari is leading the team in inspecting the first lifting of petroleum products from the facility after its rehabilitation.
(NAN)
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