By Emmanuel Kwada
In a significant development for Nigeria’s oil sector, the Port Harcourt Refinery has officially resumed operations, starting at a capacity of 60%. The facility is expected to produce approximately 60,000 barrels of refined oil per day, providing a much-needed boost to the country’s refining capabilities.
The announcement was made earlier today by the Special Adviser, Media and public communication to President Bola Ahmed Tinubu, Sunday Dare, who wrote on his verified X(formerly Twitter) “Port Harcourt Refinery Set to Roar back to life any moment. President Tinubu’s Oil Sector Reforms on Course. A boost to local PMS refining.”
The Port Harcourt Refinery, one of the largest and oldest refineries in Nigeria, has faced numerous operational hurdles over the years, including aging infrastructure, supply chain issues, and significant maintenance backlogs. However, recent investments and government initiatives aimed at revitalizing the facility have finally borne fruit, as the refinery prepares to contribute to meeting local fuel demands.
Port Harcourt Refinery Set to Roar back to life any moment. President Tinubu’s Oil Sector Reforms on Course. A boost to local PMS refining
Local industries and consumers have welcomed the news, with hopes that increased production will help stabilize fuel prices and alleviate shortages that have plagued the region. Analysts believe that this initial phase of operations could lay the groundwork for further enhancements and expansions in the future, potentially increasing output capacity.
As operations ramp up, stakeholders in the energy sector are eagerly monitoring the refinery’s performance, with many calling for transparency and regular updates on production figures and operational challenges.
The government has expressed confidence in the refinery’s new management and operational strategy, aiming to ensure that Port Harcourt plays a pivotal role in Nigeria’s energy landscape moving forward.
Stay tuned for ongoing updates on this developing story.
