The Nigerian National Petroleum Company Limited (NNPCL) has been praised for successfully resuming crude oil processing at the Port Harcourt Refinery.
The Port Harcourt Refinery, which was shut down in 2019, was brought back to life on Tuesday, November 26, 2024.
In a statement issued by Omotayo Adebajo, Executive Director of Subsidiaries for the African Refinery Group (ARG), the organisation lauded NNPCL for the PH refinery achievement.
ARG also revealed that it is one of the four companies granted concessions under a Public-Private Partnership with NNPCL for the refinery’s rehabilitation.
Adebajo said:
Adebajo described the refinery’s reopening as a landmark achievement, highlighting the Tinubu administration’s bold vision, the strategic leadership of the NNPCL Board, and the relentless efforts of NNPCL’s subsidiaries, according to Punch.
He added:
TimesNow.com.ng earlier reported that the Nigerian National Petroleum Company Limited (NNPC) had directed oil marketers to halt petrol imports, stating that the Dangote Refinery had sufficient capacity to meet domestic needs.
According to reports, the directive came amid a high-level meeting in Abuja attended by NNPC Group CEO Mele Kyari, representatives of the Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMAN), and key stakeholders.
Representatives of 11 PLc, Matrix, AA Rano, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) were also present at the meeting.
Source: TimesNow.com.ng
