\n
The Nigerian National Petroleum Company Limited has announced that the Port-Harcourt Refinery Company Limited Phase 2 repair will be completed at the end of the fourth Quarter of 2024.<\/p>\n
NNPCL Group Chief Executive Officer, Mele Kyari disclosed this during a recent inspection of phase 1 completion of PHRC led by the Minister of State for Petroleum Resources(Oil), Heineken Lokpobiri.<\/p>\n
He said, \u201cIn our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments.<\/p>\n
\u201cWe are done with phase one. We will complete phase two as promised within 2024, maximum \u2013 the last quarter of 2024\u201d, he said.<\/p>\n
PHRC consists of two phases: the old refinery is a 60,000 barrels per day facility, while the new refinery is 150,000 bpd, totalling a combined capacity of 210,000 barrels per day.<\/p>\n
On Thursday, NNPCL announced the mechanical completion of phase 1 rehabilitation of the Port-Harcourt refinery.<\/p>\n
DAILY POST recalls that in March 2021, the Federal Executive Council approved $1.5 billion to rehabilitate the refinery.<\/p>\n
Accordingly, data showed that the Nigerian government has spent N11.35 trillion ($25 billion) in the past ten years on fixing the country\u2019s three refineries.<\/p>\n
NNPCL announces date to complete Port-Harcourt Refinery Phase 2 repair<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
The Nigerian National Petroleum Company Limited has announced that the Port-Harcourt Refinery Company Limited Phase 2 repair will be completed…<\/p>\n","protected":false},"author":1,"featured_media":8374,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,15,908,7476],"tags":[519,912,180,911,914,6632],"class_list":["post-8373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-nnpcl","category-port-harcourt-refinery","tag-business","tag-harcourt","tag-news","tag-nnpcl","tag-port","tag-refinery"],"yoast_head":"\n
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