JUST IN: NNPC signs agreement for 100,000bpd refinery within Port-Harcourt complex

The Nigerian National Petroleum Company Ltd. (NNPCL) has taken a valuable step forward in improving Nigeria’s refining potential with the signing of an agreement for the vogue of a 100,000 barrels per day (bpd) refinery facility at some level of the Port-Harcourt refinery complex.

”This day,we’re proud to articulate a valuablemilestone in our lumber to revitalize Nigeria’s refining sector.

”The agreement for the vogue of a brand original refinery, developed in collaboration with an undisclosed accomplice, is a testomony to our dedication.

”We judge this mission won’t only meet however furthermore greatly contribute to Nigeria’s demand for petroleum merchandise,” the NNPCL said in a bellow.

Once operational, the originalfacility will play a valuable role in Nigeria’s lumber towards energy self-sufficiency and financial growth.

With the potential to refine pretty a few petroleum merchandise, including Top rate Motor Spirit (PMS), Automobile Gasoline Oil (AGO), Aviation Turbine Kerosene (ATK), and Liquified Petroleum Gasoline (LPG), this transfer aligns completely with our aspirations for a extra prosperous Nigeria.

Consultants pronounce the refinery co-station at some level of the Port-Harcourt complexis strategically positionedto leverage recent infrastructure and resources, optimizing effectivity and reducing costs.