Port Harcourt refinery’s rehabilitation begins Q1 2021 — NNPC | Dailytrust

Port Harcourt refinery’s rehabilitation begins Q1 2021 — NNPC

The Nigerian National Petroleum Corporation, NNPC
The Nigerian National Petroleum Corporation, NNPC

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

NNPC targets getting the four refineries running by 2023. The NNPC’s Group Managing Director (GMD) Mallam Mele Kyari disclosed this at an interactive session with journalists in Abuja last weekend.

“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,” Kyari said.

The GMD said much had been put in place to boost exploration and production with a view to raising national reserves to 40 billion barrels and daily production to 3 million.  He also disclosed that 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.

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

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410