RIPPLES NIGERIA
After several years of dormancy, it appears the Port Harcourt refinery is set for a restart as Shell Petroleum Development Company Limited (SPDC) has disclosed that it delivered 475,000 barrels of crude oil to the refinery this week.
The Port Harcourt Refinery, one of Nigeria’s four state-owned refineries, has endured extensive neglect and deterioration over the years.
A $1.5 billion rehabilitation project of the refinery was launched by former President Muhammadu Buhari administration in 2019, to restore the refinery to its nameplate capacity of 210,000 barrels per day (bpd).
To underscore the readiness of the refinery to begin production, the dual unit plant reportedly took delivery of 475,000 barrel on January 18, 2024.
This was confirmed in a statement by Shell’s Bonny oil terminal manager Osita Nnajiofor on Friday.
“This significant milestone was made possible through intensive preparations, collaboration and the dedication of the Bonny Oil and Gas Terminal, BOGT and Port Harcourt Refinery Company, PHRC teams.
