Top Stories
Breaking: Port Harcourt Refinery Begins Operations Soon,Gets 475,000 Barrels Of Crude Oil
The Port Harcourt Refinery is set to start operations following the supply of 475,000 barrels of crude oil by Shell Petroleum Development Company Limited.
A statement released by Shell read, “This significant milestone was made possible through intensive preparations, collaboration and the dedication of the Bonny Oil and Gas Terminal, BOGT and Port Harcourt Refinery Company, PHRC teams.
“The recommencement of crude oil supply from the Bonny Oil and Gas Terminal to Port Harcourt Refinery is a significant achievement and a game-changer for the industry and the country. The intensive preparations, collaboration and dedication of both teams involved were instrumental in overcoming challenges and ensuring a safe and efficient supply operation.
“This milestone will support the government’s aspiration of steady supply of petroleum products to the downstream market and other associated benefits to the economy of the nation.”
The Nigerian National Petroleum Company (NNPC) Ltd had earlier stated it has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the PHRC.
It stated that rehabilitation work has been ongoing at the Refinery for over two years and the NNPC Ltd. had pledged to complete Phase One of the project (mechanical completion and flare start-up) of Old Port Harcourt Refinery (Area 5) by 31st December 2023.
Speaking during an inspection tour of the rehabilitation project, which also coincided with the 15th Refineries’ Rehabilitation Steering Committee Meeting, the Group Chief Executive Officer, NNPC Ltd., Mele Kyari, had said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project has been completed.
- Sports22 hours ago
Daniel Anjorin’s GoFundMe campaign soars past the £100,000
- Top Stories22 hours ago
I want to start fellowship group – Toke Makinwa
- News23 hours ago
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th May 2024
- Entertainment17 hours ago
AFRIMA Hosting Rights: African Union Writes Nigeria, South Africa
- News11 hours ago
GTCO Plc Releases 2024 Q1 Unaudited Results …….. Reports Profit Before Tax of ₦509.3billion
- News24 hours ago
Top Nigerian Newspaper Headlines For Today, Saturday, 4th May, 2024