Port Harcourt refinery allegedly resumes operations, begins loading petrol after major renovation

Date:

Must Read

2027: I never declared intention to contest for presidency – Baba-Ahmed

The Labour Party’s vice-presidential candidate in the 2023 general...

ADC begins constitution review ahead of 2027 elections

The African Democratic Congress (ADC) has intensified preparations for...

Imo ADC records major boost as Ihedioha leads  wave of defections, raises ₦200m

The African Democratic Congress (ADC) in Imo State on...

ADC appoint Imam, Yesufu to lead nationwide membership revalidation, mobilisation

The African Democratic Congress (ADC) has appointed former two-time...

Jonathan still PDP member, offers boost as party gears up for elections – Turaki

The National Chairman of the Peoples Democratic Party (PDP),...

The Port Harcourt Refinery has officially resumed operations following extensive renovations and modernization efforts that began in 2021. T

he Federal Government secured a $1.5 billion contract for the rehabilitation of the facility, which had been inactive since March 2019.

The first trucks of petroleum products were loaded on November 26, 2024, under the supervision of Mallam Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), who visited the facility on the eve of its reopening.

Key Details About the Refinery

Location and Capacity: Situated in Alesa Eleme, Port Harcourt, the refinery complex consists of two operational units established in 1965 and 1989, with a combined installed capacity of 210,000 barrels per day. The older unit has a capacity of 60,000 barrels per stream day, while the newer unit can process 150,000 barrels per day.

Production Goals: The refinery is expected to produce various petroleum products, including premium motor spirit (PMS), diesel, and liquefied petroleum gas (LPG). This resumption is anticipated to significantly reduce Nigeria’s reliance on imported petroleum products and alleviate foreign exchange pressures related to fuel imports.

Operational Capacity: Initially, the refinery will operate at approximately 60% capacity, processing around 600,000 barrels of crude oil daily. It is capable of loading up to 200 trucks daily with different petroleum products.

Background and Future Prospects

The rehabilitation project faced numerous delays but marks a critical step toward enhancing Nigeria’s refining capabilities. Previous administrations had made various promises to revive the country’s refineries, which have historically struggled to operate efficiently. The successful reactivation of the Port Harcourt Refinery is seen as a testament to the current government’s commitment to energy security and economic growth.

Furthermore, there are ongoing plans for further improvements in infrastructure surrounding the refinery, including repairs to the dilapidated Eleme Road that leads to it. This road has raised concerns about potential traffic congestion due to increased truck operations.

In summary, the resumption of operations at the Port Harcourt Refinery represents a significant milestone for Nigeria’s oil sector and could play a pivotal role in reducing dependence on imported fuels while stimulating local economic activity.

spot_imgspot_imgspot_img

Latest News

logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.