The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to test-run \u00a0the 60,000-bpd Port Harcourt refinery that will be completed this month.<\/p>\n
The NNPCL\u2019s spokesperson, Femi Soneye, said that the testing would be finished soon to ensure the refinery\u2019s efficient operation. He further asserted thus:<\/p>\n
”The refinery, which is now undergoing repairs, is set to reopen with a processing capacity of 60,000 barrels per day. Later this year, the NNPCL plans to attain its maximum capacity of 210,000 barrels per day.<\/p>\n
”The refineries at Port Harcourt are part of Nigeria\u2019s state-owned refineries, which have been languishing away for some time now. However, as part of plans to curtail the country\u2019s reliance on imported refined products, the government is working to revitalize these refineries.<\/p>\n
”In December, the NNPCL announced that the Area 5 component of the Port Harcourt refinery had been completed successfully, including mechanical completion and flare start-up.<\/p>\n
”In March 2021, the federal government approved a $1.5 billion deal to reopen the Port-Harcourt refinery, which has a capacity of 210,000 barrels. The rehabilitation project was assigned to the Italian company Tecnimont SPA, which was to be completed in three phases over 18, 24, and 44 months.<\/p>\n
”Furthermore, the CEO of the NNPCL has stated that the second phase of the Port-Harcourt refinery\u2019s rehabilitation work will be completed by the fourth quarter of 2024.”<\/p>\n
Since the removal of the fuel subsidy in June, petrol prices have soared by more than 200%, increasing transportation costs for the average Nigerian, so the revamping of the refineries holds the promise of ameliorating the plight of the masses.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to test-run \u00a0the 60,000-bpd Port Harcourt refinery that will be completed this month. The NNPCL\u2019s spokesperson, Femi Soneye, said that the testing would be finished soon to ensure the refinery\u2019s efficient operation. He further asserted thus: ”The refinery, which is now undergoing repairs, is set […]<\/p>\n","protected":false},"author":16,"featured_media":13364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[505],"class_list":["post-13363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-nnpcl"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/13363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=13363"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/13363\/revisions"}],"predecessor-version":[{"id":13392,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/13363\/revisions\/13392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/13364"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=13363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=13363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=13363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}