NNPCL announces that the Port Harcourt refinery is over 90% complete.
Following delays, the $1.5 billion rehabilitation project aims to increase production to 210,000 barrels per day. Despite initial criticism, NNPCL clarified that the refinery is currently producing 1.4 million liters of petrol daily.
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the new Port Harcourt refinery is more than 90% complete. Mele Kyari, the Group Chief Executive Officer of NNPCL, made this statement during a visit to the facility in Rivers State by leaders from the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Monday, December 9, 2024.
Kyari highlighted that the refinery's progress is substantial, and it is expected to play a key role in boosting Nigeria's domestic refining capacity. This new facility is part of the country's broader efforts to enhance its energy sector and reduce reliance on imported refined petroleum products.
During the visit, the labor leaders had the opportunity to observe the ongoing construction work and the state of the refinery. The project is a critical part of NNPCL’s plans to revitalize Nigeria’s oil and gas infrastructure, with the aim of improving efficiency and ensuring a more sustainable supply of refined products.
The NNPCL also confirmed that the older refinery, which has been operational for years, continues to function. The new refinery is expected to significantly increase Nigeria’s capacity to process crude oil, offering a boost to the nation's economy once fully operational.
