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Home Economy/Technology

Port Harcourt refinery to resume production end of March

Refinery

The Matters Press by The Matters Press
March 15, 2024
Reading Time: 1 min read
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Nigerian firms to handle $4b gas project

Oil Refinery

Abuja, March 15, 2024: The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd (NNPCL), Mr Mele Kyari, has said the Port Harcourt refinery would begin production by end of March.

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Kyari said this after a meeting with the Senate Ad-hoc Committee, investigating the various Turn Around Maintenance (TAM) projects of Nigerian refineries.

“In the next two weeks, production will start, we did mechanical completion of Port Harcourt, that was what we said in Dec 2023.

“That means we are done with our rehabilitation work, now you are to test if this completion is okay,” he said

On Warri refinery, Kyari said mechanical works had been completed, adding that the facility was undergoing the regulatory compliance processes.

He, however, said Kaduna would not be ready until December.

Kyari said that all the crude lines were active, adding that over 450,000 barrels had been delivered into Port Harcourt refinery.

“Yes, there may be security issues, but also government is responding to the situation.

“We are happy to work with the committee and promise not to hide anything from them,” Kyari said.

Chairman of the Ad-hoc Committee, Sen. Ifeanyi Uba (APC -Anambra), said the committee was satisfied with the information from NNPCL.

Ubah said the committee had an understanding of when to go for oversight function of the refineries.

“I believe everything is positively on track.

“We want the refineries to work and we have gotten firm promise from NNPCL on when they will begin operation.

“The next step is to visit the refineries and assess the progress,” he said.

The committee will meet with Kyari on March 19, on issues relating to crude oil theft.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
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