After experiencing several setbacks, the Port-Harcourt refinery, with a capacity of 210,000 barrels per day, is expected to resume operations by the end of July, according to Chief Ukadike Chinedu, the National Public Relations Officer of the Independent Marketers Association of Nigeria (IPMAN).
In a statement issued on Monday, Chief Ukadike Chinedu disclosed that the refinery’s management had assured them of the imminent commencement of operations, which would significantly contribute to economic growth, reduce petroleum product costs, and ensure adequate supply to meet the nation’s demands.
“The MD told us that the refinery was almost ready, and by the end of July, they would start producing. It has been turned into a new one; they changed all the armored cables to brand new, and everything there is almost like a brand-new refinery,” Chief Ukadike Chinedu stated.
He further elaborated on the extensive maintenance work being carried out round-the-clock to ensure the refinery meets its target timeline. “The turnaround on maintenance is very massive, and the job is being done day and night. All hands are on deck to make sure that they meet that target. By the end of July, the refinery should be ready,” he added.
Chief Ukadike Chinedu expressed confidence in the progress made, stating that the refinery is currently at 99 percent readiness and faces no significant challenges.
“We want competition. With the two refineries – Dangote and the almost-ready Port Harcourt refinery – the price of petrol will be reduced. We need that competition for the benefit of the nation,” he emphasized.
The impending resumption of operations at the Port-Harcourt refinery marks a significant milestone in Nigeria’s efforts to enhance domestic refining capacity, reduce reliance on imported petroleum products, and stimulate economic development. As the nation eagerly awaits the refinery’s revival, expectations are high for its positive impact on the energy sector and the overall economy.
