Home Business Energy NNPC Ltd Reaffirms Progress On Port Harcourt Refinery, Addresses Misleading Claims
Energy

NNPC Ltd Reaffirms Progress On Port Harcourt Refinery, Addresses Misleading Claims

Share
Share

The Board and Management of the Nigerian National Petroleum Company Limited (NNPC Ltd) has  appreciated  Nigerians for their support and excitement over the safe and successful restart of the 60,000 barrels-per-day Old Port Harcourt Refinery.

This achievement according to the company marks a significant step forward after years of operational challenges and underperformance.

“We are, however, aware of unfounded claims by certain individuals suggesting that the refinery is not producing products. For clarity, the Old Port Harcourt Refinery is currently operating at 70% of its installed capacity, with plans to ramp up to 90%.

“The refinery is producing the following daily outputs: Straight-Run Gasoline (Naphtha): Blended into 1.4 million liters of Premium Motor Spirit (PMS or petrol) Kerosene: 900,000 liters Automotive Gas Oil (AGO or Diesel): 1.5 million liters Low Pour Fuel Oil (LPFO): 2.1 million liters Liquefied Petroleum Gas (LPG): Additional volumes

“It is worth noting that the refinery incorporates crack C5, a blending component from our sister company, Indorama Petrochemicals (formerly Eleme Petrochemicals), to produce gasoline that meets required specifications.

“Blending is a standard practice in refineries globally, as no single unit can produce gasoline that fully complies with any country’s standards without such processes.

“Additionally, we have made substantial progress on the new Port Harcourt Refinery, which will begin operations soon without prior announcements.

“We urge Nigerians to focus on the remarkable achievements being realized under the able and progressive leadership of President Bola Tinubu and to support efforts aimed at delivering more dividends to the nation. Malicious attacks on clear progress only undermine the significant strides made by NNPC Ltd and the country.

“Let us move forward together in building a stronger and more self-sufficient energy sector.”

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Prosperous Nigeria Dependent On Affordable, Reliable, Accessible Energy – Seplat

Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and...

FG Seals 30-year Hydropower Project Deal With Quaint Energy

In what is regarded as one of the major milestone in Nigeria’s...

Senate Queries NNPCL Over ₦210 Trillion Unremitted Funds, Orders Immediate Refund

The Senate on Tuesday rejected the explanations provided by the Nigerian National...

We’re Taking Power Very Seriously To Enhance Livelihoods Of Nigerians- Tinubu Tells Siemens Energy

President Bola Tinubu on Monday told a delegation from Siemens Energy, led...