The Presidency announces that 200 trucks will load petroleum products daily from the Port Harcourt Refinery, boosting fuel distribution and enhancing local production capacity.
The presidency announced on Tuesday that 200 trucks are scheduled to load petroleum products each day from the Port Harcourt Refinery.
Sunday Dare, the Special Adviser on Public Communications and Orientation to the President, announced on his X account that the refinery’s Old Wing is back in operation with a production capacity of 60,000 barrels of crude oil per day.
The Port Harcourt Refinery consists of two sections. Today, the Old Refinery becomes operational with an installed production capacity of 60,000 barrels of crude oil per day.
He confirmed that approximately 200 trucks are anticipated to load products from the refinery daily, renewing Nigeria’s hopes.
The Port Harcourt Refinery consists of two sections. Today, the Old Refinery begins operations with an installed production capacity of 60,000 barrels per day of crude oil. Approximately 200 trucks are anticipated to load products daily from the refinery, rekindling Nigeria’s hopes for energy stability and growth.
— Sunday Dare, CON (@SundayDareSD) November 26, 2024
See also: Trucks Waiting for Product Loading at Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPCL) recently announced that the government-owned facility has started processing crude oil.
Production at the Port Harcourt refinery has finally begun, following multiple missed deadlines.
In 2021, the federal government allocated $1.5 billion (€1.2 billion) to renovate one of the nation’s largest refineries, which had been closed two years prior.
Although Nigeria is one of the largest producers of crude oil, it has historically depended on importing petroleum products due to insufficient local refining capacity. In 2023, President Bola Tinubu declared an end to the subsidy system, which resulted in increased petrol prices.
