The Port Harcourt Refining Company (PHRC) in Rivers State has commenced crude oil processing after multiple postponements and seven missed deadlines. This landmark development, announced by the Nigerian National Petroleum Company Limited (NNPCL), is expected to bolster Nigeria’s refining capacity and significantly reduce reliance on imported fuel.
NNPCL confirmed that truck loading has begun at the facility, marking the start of local fuel distribution from the refinery, which has undergone extensive rehabilitation efforts.
A Milestone in Nigeria's Refining Journey
Efforts to restore the Port Harcourt refinery, part of Nigeria’s four major refineries with a combined capacity of 445,000 barrels per day, have spanned several years. Despite substantial investments, the facility has long been plagued by inefficiencies and underperformance.
NNPCL's Chief Corporate Communications Officer, Femi Soneye, expressed optimism about the refinery's future, stating:
> "Today marks a monumental achievement for Nigeria as the Port Harcourt Refinery officially commences crude oil processing. This groundbreaking milestone signifies a new era of energy independence and economic growth for our nation."
He applauded President Bola Ahmed Tinubu, the NNPC Board, and GCEO Mele Kyari for their dedication to the project, describing it as a pivotal moment in reshaping Nigeria’s energy landscape.
Warri Refinery Next on the List
As Nigeria celebrates this milestone, NNPCL revealed plans to revive the Warri Refinery, further signaling a commitment to strengthening the nation's energy infrastructure.
This breakthrough represents a critical step in addressing the perennial challenges of fuel shortages and foreign exchange pressures caused by excessive importation.
