Port Harcourt Refinery to Produce 2m Litres of Petrol, 2.2m Litres of Diesel Daily

Port Harcourt Refinery to Produce 2m Litres of Petrol, 2.2m Litres of Diesel Daily

  • The FG has indicated that the P'Harcourt Refinery will recommence operations with an output of 2 million litres of petrol daily
  • The FG also indicated that the collective capacities of both plants of the refinery would yield daily production of 10 million litres of petrol
  • These were revealed during an inspection visit to the refinery by a joint delegation from the TUC and the federal government

Legit.ng journalist Victor Enengedi has over a decade's experience covering Energy, MSMEs, Technology and the stock market.

The Port-Harcourt Refinery is slated to recommence operations with a projected output of two million litres of petrol and 2.2 million litres of diesel daily, as per the Federal Government's announcement.

These details were disclosed in a statement released by Olajide Oshundun, the Director of Press and Public Relations at the Federal Ministry of Labour and Employment.

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Port Harcourt refinery
The minister indicated that the collective capacities of both plants would yield a daily production of 10 million litres of PMS. Photo credit - NNPCL
Source: Getty Images

It was further specified that the existing refinery plant is set to yield 54,000 barrels per day, while the new plant, nearing the final stages of construction, is anticipated to commence production by year-end.

This development follows the delivery of 475,000 barrels of crude oil to the refinery by Shell Petroleum Development Company Limited.

Combined plants to produce 10 million litres daily

The Minister of State Nkeiruka Onyejeocha conveyed these statements following a thorough inspection of the facility, conducted alongside organized labour leadership.

She further indicated that the collective capacities of both plants would yield a daily production of 10 million litres of PMS.

The statement read in part:

“She explained that the old plant would begin with 54,000 barrels per day, which would produce two million litres of PMS and 2.2 million litres of diesel per day, while the new plant, which is currently going through its last phase of completion, would also begin production before the end of the year.

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"The combined capacity of the two plants, when fully on stream, would produce 10 million litres of PMS per day.”

It should be recalled that early this year, the Nigerian National Petroleum Company Limited (NNPCL) began the supply of crude oil to the refinery to kick-start its test run.

During the inspection visit to the refinery by a joint delegation from the TUC and the Federal Government, the minister remarked that both organized labour and government reports confirmed the refinery's completion status at 80%.

Last year, a planned visit to the Port-Harcourt refinery was one of the agreed-upon points in the 16-point agreement between the Federal Government and organized labour.

NNPCL to give PH Refinery to private operator

In related news, Legit.ng reported that the NNPCL has called for applications from private companies interested in maintaining and operating the Port Harcourt Refinery

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The NNPCL explained that the decision was made to improve the dependability and sustainability of the refinery.

Based on a document, NNPCL said the contract scope should cover refinery business processes like long-term and short-term production/operations planning and execution.

Source: Legit.ng

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Victor Enengedi (Business HOD) Victor Enengedi is a trained journalist with over a decade of experience in both print and online media platforms. He holds a degree in History and Diplomatic Studies from Olabisi Onabanjo University, Ogun State. An AFP-certified journalist, he functions as the Head of the Business Desk at Legit. He has also worked as Head of Editorial Operations at Nairametrics. He can be reached via victor.enengedi@corp.legit.ng and +2348063274521.