The Port Harcourt Refinery has resumed operations, with crude oil now being processed at 60% of its full capacity.
This long-anticipated breakthrough is a major development in Nigeria’s oil and gas sector, addressing years of dependency on fuel imports.
Managed by the Nigeria National Petroleum Company Limited (NNPCL), the refinery faced multiple setbacks earlier in the year, with scheduled operational dates in March, August, and September failing to materialize.
The successful start of operations marks a fresh chapter for the facility, which has long been seen as a cornerstone of Nigeria’s energy framework.
Beyond its immediate impact on oil refining, the refinery’s reopening is expected to contribute significantly to economic growth by reducing fuel import costs, stabilizing supply chains, and fostering industrial development.
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The NNPCL’s leadership has been credited with ensuring this project reaches fruition, with a focus on delivering long-term benefits to the country.
This development positions Nigeria closer to achieving greater energy autonomy and economic sustainability, leveraging its abundant crude oil reserves to meet domestic demands.