• Contact Us
  • About Us
Monday, January 12, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Oil & Gas

NNPC Postpones Port Harcourt Refinery Operations For Sixth Time

metro by metro
August 14, 2024
in Oil & Gas
0
NNPC
0
SHARES
0
VIEWS

 

 

Read Also

Oil Settles $1 Higher As Traders Assess Venezuela Upheaval

Oil Slips With Brent On Course For Longest Stretch Of Annual Losses In 2025

Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth

The Nigerian National Petroleum Company (NNPC) Limited has again failed to commence operations at the Port Harcourt Refinery after about six postponements.

Since December 2023, NNPC, which is in charge of all the government refineries, has given Nigerians different dates, assuring citizens that the refinery would begin the sale of refined products soon.

In July, the Group Chief Executive Officer of the NNPC, Mele Kyari, stated categorically that the refinery would come into operation in early August.

The same Kyari said in 2019 that the NNPC would deliver all the country’s four refineries before the end of former President Muhammadu Buhari’s administration.

While appearing before the senate recently in July, Kyari boasted, “I can confirm to you, Mr Chairman, that by the end of the year, this country will be a net exporter of petroleum products.

“Specific to NNPC refineries, we have spoken to a number of your committees, and it is impossible to have the Kaduna refinery come into operation before December, it will get to December, both Warri and Kaduna, but that of Port Harcourt will commence production early August this year.”

However, as August nears midpoint, the refinery has yet to commence operations, creating concerns that this might be another failed promise from NNPC.
In an inquiry from The PUNCH on Tuesday, the NNPC said it was on course, even when the early August promise has expired.

The NNPC spokesperson, Olufemi Soneye, tersely replied, “We are on course.” Soneye did not reply to further questions, asking if he meant the refinery would still operate this month.

Recall that the 210,000 barrels per day refinery was said to have reached what the NNPC called mechanical completion of rehabilitation work in December.

It stated that the facility would start refining 60,000 barrels of crude oil daily after last year’s Christmas break.

Later in January, Kyari said the refinery was being tested and would be ready by the end of January.

During the second month of the year, the Shell Petroleum Development Company of Nigeria Limited completed the supply of 475,000 barrels of crude oil to the Port Harcourt refinery, raising the expectations of marketers that production was set to commence.

ALSO READ:Movement Of 10,000 Containers By Rail From Lagos To P/H In Six Months, Signifies Ports Reforms  On Course- TDF

This came a few weeks after NNPC said in January it was seeking to engage reputable and credible operations and maintenance companies to run the Port Harcourt refinery. NNPC did not disclose whether or not it had secured bidders to run the refinery.

In mid-March, Kyari said the Port Harcourt refinery would commence operations in two weeks, April.

“We are serving this country with honour and dignity. And we will make sure that the promises we make on the rehabilitation of these refineries will take place,” Kyari stated after he appeared before the Senate Ad-hoc Committee investigating the various turnaround maintenance projects of the country’s refineries.

Previous Post

Movement Of 10,000 Containers By Rail From Lagos To P/H In Six Months, Signifies Ports Reforms  On Course- TDF

Next Post

Protests Force Access Holdings Rights Issue Extension To August 23

Related Posts

Ogoniland oil spill
Oil & Gas

Oil Settles $1 Higher As Traders Assess Venezuela Upheaval

January 6, 2026
refinery
Oil & Gas

Oil Slips With Brent On Course For Longest Stretch Of Annual Losses In 2025

December 31, 2025
Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth
Oil & Gas

Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth

December 21, 2025
NMDPRA MD Farouk Ahmed Resigns Amid Corruption Allegations
Oil & Gas

NMDPRA MD Farouk Ahmed Resigns Amid Corruption Allegations

December 17, 2025
Next Post
For Capital Needs Supplement, Access Holdings Injects $300m Into Access Bank

Protests Force Access Holdings Rights Issue Extension To August 23

Uninspiring Super Eagles B Crash Out Of CHAN 2024, After 4-0 Defeat To Sudan

Super Eagles Beat Algeria 2-0 To Book AFCON Semi With Morocco

January 10, 2026
ASUU Blasts COPSON Over Comments On Collective Bargaining, Expresses Commitment To Quality Education

Relieve As FG, ASUU Seal Agreement On 40% Salary Increase Next Wednesday

January 10, 2026
Whiplash: How Trump’s Threat To Strike Nigeria Further Reshuffles Pentagon Priorities 

Nigeria Pledges Stronger Security Response After Trump Warns Of More US Airstrikes 

January 10, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version