The Federal Government revealed on Thursday its plans for the Port Harcourt Refinery to kickstart operations with an impressive output of two million litres of Premium Motor Spirit (PMS) and 2.2 million litres of diesel daily. Emphasizing progress, officials indicated that the refinery stands at an encouraging 80% completion rate. Notably, the existing plant is poised to yield 54,000 barrels per day, while the final phase of construction for the new plant is underway, with production slated to commence by year-end.
In a statement issued by the Director of Press and Public Relations in the Federal Ministry of Labour and Employment, Olajide Oshundun, details of the refinery’s status and projected output were elucidated. Minister of State, Nkeiruka Onyejeocha, affirmed these plans following an inspection tour of the facility conducted in collaboration with representatives from organized labor. The minister’s assertions underscored the significant strides towards enhancing Nigeria’s refining capacity and reducing reliance on fuel imports.
The combined potential of both the existing and upcoming plants holds promise, with a projected daily production capacity of 10 million litres of PMS. This announcement signals a concerted effort by the government to revitalize the nation’s refining sector, fostering economic growth, and bolstering energy security. As Nigeria charts a course towards greater self-sufficiency in energy production, the Port Harcourt Refinery’s impending operations represent a pivotal step in realizing this strategic objective.
Related posts:
Tinubu Vows to Lower Inflation Rates During His Administration7 months ago
Breaking News
Minister: FG Set to Clear GenCos, Gas Suppliers Debts in April7 months ago
Breaking News
Pastor released after abductors accept fried rice, chicken as ransom7 months ago
Breaking News
LAUTECH Launches Mass Communication and Five Additional Degree Programs7 months ago
Breaking News
Nigerian Researchers Ready to Aid Potatoes Farmers7 months ago
Breaking News