Port Harcourt refinery begins manufacturing as truck loading commences 

The state-owned Port Harcourt Refinery has formally began producing petroleum merchandise.

This growth was introduced by Olufemi Soneye, the spokesperson for the Nigerian Nationwide Petroleum Company (NNPC) Restricted, on Tuesday.

Soneye additionally confirmed that truck loading operations would start right this moment.

In his assertion, Soneye added that efforts are underway to deliver the Warri Refinery again into operation.

“Right this moment marks a monumental achievement for Nigeria because the Port Harcourt Refinery formally commences crude oil processing. This groundbreaking milestone signifies a brand new period of vitality independence and financial progress for our nation.  

“Hearty congratulations to President Bola Ahmed Tinubu, the NNPC Board, and the distinctive management of GCEO Mele Kyari for his or her unwavering dedication to this transformative undertaking. Collectively, we’re reshaping Nigeria’s vitality future,” Soneye added.

Backstory 

In August, NNPC’s Group Chief Government Officer (GCEO), Mele Kyari, introduced that the Port Harcourt Refinery was set to start operations after finishing its testing part.

He additionally revealed that over 450,000 barrels of oil had been delivered to the refinery in preparation for manufacturing.

“All crude strains are lively and have truly delivered over 450,000 barrels into Port Harcourt refinery. We’re assured of the integrity of it. Sure, there could also be safety points, but in addition authorities is responding to the scenario,” Kyari acknowledged.

The graduation of operations on the Port Harcourt Refinery is anticipated to considerably enhance Nigeria’s gasoline provide, doubtlessly positioning the nation as a web exporter of petroleum merchandise.

What You Ought to Know 

Regardless of being an oil-rich nation, Nigeria has relied closely on importing petroleum merchandise, together with gasoline. The nation reportedly spends over $2 billion yearly on petrol imports alone.

• With the operationalization of each the Dangote Refinery and state-owned amenities, Nigeria goals to turn into a web exporter of petroleum merchandise by 2025.
• The Dangote Refinery, with a capability of 650,000 barrels per day, is anticipated to satisfy native demand whereas exporting to neighboring nations.

For now, the Port Harcourt Refinery, working at its present capability, will primarily cater to home wants.