FG Assures Port Harcourt Refinery To Resume Production By December

The federal government has given an assurance that the rehabilitation work on the Port Harcourt Refinery would be completed for it to resume full production by December, 2022.

The Minister of State for Petroleum Resources, Timipre Sylva, disclosed this while answering reporters’ questions at the end of the Federal Executive Council (FEC) Council meeting presided over by President Muhammadu Buhari at the State House, Abuja, adding that the rehabilitation of the four refineries was on course and would be completed as scheduled.

Sylva hinted that the 60,000 barrels per day capacity Port Harcourt refinery would become operational by the end of this year.

The minister said “The rehabilitation of the refineries is ongoing. The old refinery in Port Harcourt, which is about 60,000 barrels per day capacity, will be functional by December and, of course, we still have some time in the contracting time to conclude the rest of the Port Harcourt Refineries.

“Works in the Kaduna and Warri refineries are also progressing very well. We will soon be embarking on an inspection visit.”

According to the minister the FEC approved a contract to Messrs Black Springs Limited with the sum of N2.044 billion for the construction of internal road and facilities at the Gas Hub in Paloco, Bayelsa state.

Sylva  added “The gas hub is to encourage the development of companies that will process our gas and develop our gas and to deepen the use of gas internally and to be able to process gas for export and to also construct cylinder.

“Already there are companies that are in the gas hub – Shell Nigeria gas is already located in the hub, Roll gas is already located in the hub. So these drainages and roads and the developments in that hub is expected to encourage more companies to come into that hub to be able to deepen the development of gas. This is in furtherance of commitments to the decade of gas as declared by Mr. President, from 2021-2030.”