December deadline for Port Harcourt Refinery to come on stream aacrosanct, says FG

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The Minister of State for Petroleum Resources, Heineken Lokpobiri, has again assured that there is no going back on the December 2023 deadline for Port Harcourt refinery, which is currently undergoing refurbishment to come on stream.

Minister of State for Petroleum Resources, Heineken Lokpobiri and Minister of State, Gas Resources, Ekperikpe Ekpo during a visit to Port Harcourt Refining Company in Eleme, Rivers State, yesterday.The Minister gave the assurance yesterday in Port Harcourt shortly after inspecting the refinery facilities to ascertain the level of work done.

These, according to the Minister, will stop fuel importation in the country and enable Nigerians to enjoy the full benefits of deregulation. The facility operates two refineries – the old refinery with a capacity of 60,000 barrels per stream day and new refinery with an installed capacity of 150,000 bpsd.

The deadline for the refinery to become functional has been shifted twice. It was earlier scheduled to become functional by December 2022 by former Minister of State for Petroleum, Timipre Sylva but that failed. Later, the date was shifted to March 2023.Speaking after inspecting the facilities yesterday, he said: “Our objective is to ensure that in the next few years, Nigeria will stop fuel importation.

 

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