Thursday 11 June 2015

Port-Harcourt Refinery Set for Oil production by the end of June


The Nigerian National Petroleum Corporation, NNPC, yesterday, has annouced that the Port Harcourt Refinery will resume full scale crude oil production by the end of June and will contribute about five million litres of Premium Motor Spirit, PMS, also known as petrol to Nigeria’s fuel supply.

Addresing newsmen during a tour of NNPC retail outlets in Abuja, Group Managing Director of the NNPC, Mr. Joseph Dawha, also assured Nigerians that the perennial fuel scarcity will be addressed before the end of the week, as it currently has about 1.1 billion litres of petrol in its storage, which is equivalent to 27 days sufficiency and has deployed 428 truckloads of fuel to Abuja and across the country, in conjunction with the Pipelines and Product Marketing Company (PPMC).

According to Dawha, the NNPC is carrying out a phased implementation of the rehabilitation of the refineries, stating that work at the Port Harcourt refinery is almost complete and will soon start producing at 80 per cent of its installed capacity, contributing about five million litres of PMS per day.

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