Petrol Price Hike: Port Harcourt refinery begins operation

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The Port Harcourt Refinery, managed by NNPCL through the Port Harcourt Refining Company Limited has commenced operations after undergoing rehabilitation and modernisation.

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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