Rehabilitation of Port Harcourt Oil Refinery begins Q1 2021, says NNPC

*The contract for the second phase of Port Harcourt Oil Refinery will soon be awarded, and work will commence in Q1 of 2021 ─Mele Kyari, Group Managing Director of NNPC

Isola Moses | ConsumerConnect

The Nigerian National Petroleum Corporation (NNPC) has disclosed that it will begin the second phase of the rehabilitation of Port Harcourt Oil Refinery in the first quarter of 2021.

ConsumerConnect reports the state oil corporation targets getting the four oil refineries in the country running by 2023.

Malam Mele Kyari, Group Managing Director (GMD) of NNPC, stated this during his interactive session with journalists weekend, in Abuja, FCT.

Kyari said: “The vision of revamping the pipelines is in tandem with the Refineries Rehabilitation Project which we have promised to deliver by 2023.

“I am happy to announce that the funding challenge which had stalled the second phase of the rehabilitation of the Port Harcourt Refinery has been resolved.

“The contract for the second phase will soon be awarded and work will commence in Q1 of 2021.”

According to the NNPC helmsman, much had been put in place to boost exploration and production with a view to raising the country’s national reserves to 40 billion barrels and daily production to 3 million.

A number of disputes that hampered production activities had been resolved with a view to boosting production to meet the 3m barrels per day production target, said he.

Kyari said: “Key among these are disputes involving Shell and Belema Oil that shut in over 30,000 barrels per day production in OML 25.”

Kindly Share This Story