The Nationwide Civil Society Council of Nigeria (NCSCN) has lauded the Nigerian Nationwide Petroleum Firm (NNPC) for efficiently reviving the long-dormant Port Harcourt refinery.
In keeping with NAN, this recognition got here from Blessing Akinlosotu, Government Director of the NCSCN, throughout a information convention on Thursday in Abuja.
Akinlosotu additional highlighted that the 60,000 barrels per day (bpd) refinery, managed by the Port Harcourt Refining Firm (PHRC), started truck-out of petroleum merchandise earlier this week after years of inactivity.
He praised the refinery’s present operational capability of 70 per cent, crediting it to the diligent efforts of the NNPC Ltd. staff, below the management of Mele Kyari, the Group’s Chief Government Officer.
“With formidable plans to ramp as much as 90 per cent capability within the close to future, this achievement represents a important step in direction of stabilizing the provision of petroleum merchandise in Nigeria,” Akinlosotu mentioned.
The refinery’s spectacular every day output consists of 1.4 million litres of Premium Motor Spirit (PMS), 900,000 litres of Family Kerosene (HHK), 1.5 million litres of Automotive Fuel Oil (AGO), and a pair of.1 million litres of Low Pour Gas Oil (LPFO), demonstrating its huge potential to fulfill Nigeria’s rising power calls for.
Akinlosotu described the resumption of operations on the Port Harcourt refinery as a landmark achievement with far-reaching implications for Nigeria’s financial system and power safety. He recommended NNPC Ltd. for fulfilling its promise with the primary profitable loading of petroleum merchandise after years of stalled efforts.
“These feat heralds a brand new period in Nigeria’s power sector, marking an enormous stride in direction of self-sufficiency in petroleum manufacturing and a considerable discount in reliance on international imports,” he acknowledged.
He additionally urged NNPC to proceed its efforts by specializing in the revitalization of the Kaduna and Warri refineries to additional increase Nigeria’s refining capability and cut back dependency on imported petroleum merchandise.
Akinlosotu praised NNPC for surpassing its income targets, reaching N14 trillion in 2024, and recommended President Bola Tinubu’s management in reworking Nigeria’s petroleum sector.
“The Council reaffirms our dedication to collaborating with the federal government, NNPC Ltd., and different stakeholders to make sure a shiny and sustainable power future for Nigeria,” Akinlosotu concluded.
Backstory
In a latest report by Nairametrics, the Nigerian Nationwide Petroleum Company (NNPC) Restricted introduced a big improve in its crude oil and gasoline manufacturing for November. In keeping with NNPC spokesperson Olufemi Soneye, the company has made substantial progress in boosting manufacturing ranges.
- NNPC achieved a crude oil manufacturing price of 1.8 million barrels per day (bpd) in November.
- NNPC additionally recorded a gasoline manufacturing of seven.4 commonplace cubic ft per day (scfd).
- The company additionally set an formidable goal of reaching 2 million bpd by the tip of the 12 months. Throughout a press briefing, NNPC Group CEO Mele Kyari praised the efforts of the Manufacturing Struggle Room Crew for his or her position in driving the restoration course of.
“The staff has performed a wonderful job in not simply recovering manufacturing but additionally in escalating output to the anticipated ranges. These efforts align with the mandates set by the President, the Honourable Minister, and the Board, and can assist guarantee long-term manufacturing stability,” Kyari mentioned.
The Nigerian Nationwide Petroleum Company (NNPC) deserves commendation for its important progress in rising crude oil manufacturing to 1.8 million barrels per day, with a focused purpose of reaching 2 million bpd by the tip of the 12 months.
This achievement displays the tireless efforts of NNPC’s management.
Be First to Comment