Nigeria’s owned Port Harcourt Refinery has finally commenced processing crude oil production, marking a significant milestone in the country’s quest for energy self-sufficiency.
This development comes after several failed commencement deadlines, which had cast doubts on the project’s viability.
According to Olufemi Soneye, spokesperson of the Nigerian National Petroleum Company Limited, the refinery has kicked off with 60 percent capacity, processing 60,000 barrels per day of crude. The Port Harcourt refinery has a combined 250,000 barrels per day capacity, making it one of the largest refineries in the country.
The commencement of operations at the Port Harcourt Refinery is a welcome development, given the country’s reliance on imported petroleum products. The refinery’s operations are expected to stimulate economic activities, reduce the price of petroleum products, and ensure adequate supply.
It’s worth noting that the refinery’s rehabilitation was initially scheduled for completion in 2019, but was delayed several times due to various challenges. However, with the refinery now operational, Nigerians can look forward to a more stable supply of petroleum products.
