Tag: Port Harcourt Refinery

The NNPC Managing Director speaks on allegations of sabotaging domestic refinery.

The Nigerian government announced in December the “mechanical completion” of the Port Harcourt refinery.

Nigeria owns four refineries, two located in Port Harcourt and one each in Warri and Kaduna. But for many years, ...

"Our objective in coming here today is to ensure that in the next few years, Nigeria stops fuel importation," an ...

The 60,000 barrels per day Port Harcourt Refinery was shut in March 2019 for the first phase of repair works.

Industry players say the NNPC decision to approve the export of slop oil is an indication that the corporation is ...

The companies will operate and maintain three refineries.

The NNPC recently signed a contract for the rehabilitation of the Port Harcourt refinery with Maire Tecnimont of Italy at ...

The signing is the latest indication the contract for the repairs of the 210,000 barrels per-day-refinery has taken off.

If government is prepared to spend three times more, your guess is as good as mine what the current value ...

Politics aside, the rehabilitation of the Port Harcourt refinery is apparently not a bad idea, but considering the dire financial ...

The group says other privatized assets have failed.

The NNPC says the country would have to live with importation of petroleum products for another four years if the ...

Mr Peterside says the decision should be subjected to “an informed national debate.''

"First of all, our refineries have been loss-making for multiple years, and indeed, it is questionable wisdom to throw good ...

Although Nigeria has four refineries, all government-owned, it currently imports virtually all its refined petroleum products.

The rehabilitation programme is estimated to take around 18 to 24 months.

Minister of State for Petroleum Resources, Timipreye Silva, says the government wants to get more homes in Nigeria using liquefied ...

The NNPC boss highlights of the achievements by his management since he assumed office a few months ago.

He said negotiation with the financiers and investors of the project is taking longer than anticipated.

“I have conveyed the President’s approval for them to get financing and repair the refinery and bring it to template.”

"If we do not hear of an outright cancellation of this fraud within 48 hours, we shall proceed to court ...

The handover was to allow for the repairs and the operation of the facility.

"Kaduna, Port Harcourt and Warri refining companies recorded losses of N1.824 billion, N1.971 billion and N845 million, respectively."

The Corporation also said it paid N85.96 billion into the Federation Account for January 2016.