The Nation Newspaper

Tag: Port Harcourt refinery

  • ‘Port Harcourt refinery not for sale’

    ‘Port Harcourt refinery not for sale’

    The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out sale of the Port Harcourt Refining Company (PHRC), reaffirming its commitment to completing high-graded rehabilitation and retention of the plant.

    Its Group Chief Executive Officer (GCEO), Bayo Ojulari, announced this at a company-wide town hall meeting at the NNPC Towers, Abuja.

    NNPCL made this known in a press statement yesterday.

    He stated that the position isn’t a shift.

    Rather, it is informed by ongoing detailed technical and financial reviews of the Port Harcourt, Kaduna and Warri refineries.

    The ongoing review indicates that the earlier decision to operate the Port Harcourt refinery prior to full completion of its rehabilitation was ill-informed and sub-commercial, Ojulari said.

    Read Also: Aliko Dangote retires from Dangote Cement Plc

    Although progress is being made on all three, the emerging outlook calls for more advanced technical partnerships to complete and high-grade the rehabilitation of the Port Harcourt refinery.

     Thus, selling is highly unlikely as it would lead to further value erosion.

    The announcement comes in the wake of widespread speculation following his remarks at the 2025 OPEC Seminar in Vienna, Austria earlier this month, where he said during an interview with Bloomberg that “all options are on the table.”

    The comment sparked speculation and headlines about the future of the nation’s refining assets.

    The declaration was received with applause from hundreds of staff attendees, who described the position as a renewed sense of business-focused direction across the organisation.

    The town hall served as more than a performance update—it was an opportunity for candid and constructive engagement.

     The Executive Vice Presidents presented progress reports from the Upstream, Downstream, Finance, Business Services, Gas, Power, and New Energy businesses, highlighting operational achievements, ongoing reforms, and areas requiring attention.

    In a tone marked by honesty and leadership, challenges and earlier missteps were acknowledged, and a clear roadmap was outlined for the journey ahead.

    The announcement reinforces NNPC’s mandate as a strategic custodian of national energy infrastructure and reflects a firm resolve to deliver on the complete rehabilitation and long-term viability of Nigeria’s refineries. It also signals continuity in the Federal Government’s broader energy security objectives and a commitment to retaining critical assets under national control.

  • Port Harcourt refinery not for sale – NNPCL

    Port Harcourt refinery not for sale – NNPCL

    The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out the sale of the Port Harcourt Refining Company (PHRC), reaffirming its commitment to completing high-grade rehabilitation and retention of the plant.

    The Group Chief Executive Officer (GCEO) of NNPC Limited, Bashir Bayo Ojulari, announced this at a company-wide town hall meeting on Tuesday at the NNPC Towers, Abuja.

    NNPCL made this known in a press statement on Wednesday.

     He stated that the position isn’t a shift. Rather, it is informed by ongoing detailed technical and financial reviews of the Port Harcourt, Kaduna and Warri refineries.

    The ongoing review indicates that the earlier decision to operate the Port Harcourt refinery before full completion of its rehabilitation was ill-informed and sub-commercial, Ojulari said.

    Although progress is being made on all three, the emerging outlook calls for more advanced technical partnerships to complete and high-grade the rehabilitation of the Port Harcourt refinery.

     Thus, selling is highly unlikely as it would lead to further value erosion.

    The announcement comes in the wake of widespread speculation following his remarks at the 2025 OPEC Seminar in Vienna, Austria, earlier this month, where he said during an interview with Bloomberg that “all options are on the table.”

    The comment sparked speculation and headlines about the future of the nation’s refining assets.

    The declaration was received with applause from hundreds of staff attendees, who described the position as a renewed sense of business-focused direction across the organisation.

    The town hall served as more than a performance update—it was an opportunity for candid and constructive engagement.

    Read Also: Senate panel gives NNPCL three weeks to explain unaccounted N210trn

     The executive vice presidents presented progress reports from the Upstream, Downstream, Finance, Business Services, Gas, Power, and New Energy businesses, highlighting operational achievements, ongoing reforms, and areas requiring attention.

    In a tone marked by honesty and leadership, challenges and earlier missteps were acknowledged, and a clear roadmap was outlined for the journey ahead.

    The announcement reinforces NNPC’s mandate as a strategic custodian of national energy infrastructure and reflects a firm resolve to deliver on the complete rehabilitation and long-term viability of Nigeria’s refineries. It also signals continuity in the Federal Government’s broader energy security objectives and a commitment to retaining critical assets under national control.

  • Controversial shutdown of Port Harcourt Refinery

    Controversial shutdown of Port Harcourt Refinery

    Sir: The Nigerian National Petroleum Company Limited (NNPCL) recently announced the shutdown of Unit 10 in Area 5 of the Port Harcourt Refinery (PHRC), officially citing sustainability concerns. However, the move has ignited a storm of controversy, with insiders suggesting a more troubling reality: the decision stems from the underperformance of the current operations and maintenance (O&M) contractor whose alleged inefficiencies have led to a complete halt in production.

    The official narrative from NNPCL frames the shutdown as important for operational maintenance. But before the shutdown, the Independent Petroleum Marketers Association of Nigeria had said that the refinery had become “insignificant to the Nigerian petrol market, stressing that the plant did not produce petrol for about three months before its eventual shutdown.”

    According to multiple sources, the shutdown was precipitated as a failure to maintain consistent product quality and perform routine maintenance tasks. These shortcomings reportedly rendered operations unsustainable, forcing the unit offline. In addition, Unit 10 of Area 5 (old refinery) had only recently resumed stable operations after years of dormancy. The shutdown not only disrupts production but also casts a shadow over the broader rehabilitation efforts at the Port Harcourt Refinery, one of Nigeria’s most vital energy assets.

    The roots of the current controversy trace back to July 2024, when Italian engineering firm Tecnimont successfully completed the rehabilitation and testing of the Area 5 infrastructure old refinery. The project was ambitious, involving the revival of facilities that had been inactive for over a decade. Tecnimont’s work culminated in the reactivation of Unit 10 in November of the previous year, following a prolonged fine-tuning phase.

    The plan was to gradually bring additional units—12, 14, and 17—online, thereby completing the full commissioning of Area 5. The Port Harcourt Refining Company (PHRC), acting through the Nigerian Engineering and Technical Company (NETCO), appointed EPROM, an Egyptian O&M firm, to take over operations. This decision marked a significant departure from earlier directives that emphasised the need for an internationally recognised contractor. EPROM’s appointment has raised eyebrows across the industry.

    While technically a foreign entity, EPROM lacks a robust international portfolio. According to its own website (Projects – EPROM), its only projects outside Egypt are in Nigeria: The Port Harcourt Refining Company and the Warri Refining & Petrochemicals Company. This limited exposure sparked concerns about the company’s capacity to manage a facility as complex and strategically important as Port Harcourt’s refinery. The controversy deepens with allegations that EPROM is employing predominantly Egyptian personnel, many of whom reportedly lack valid Nigerian work visas. Only a handful of local workers—three or four—have been hired, according to internal sources.

    This situation appears to contravene Nigeria’s Local Content policies, which are designed to ensure that local communities benefit from industrial operations through employment and capacity building. The apparent disregard for these policies has drawn criticism from labour unions, civil society groups, and local stakeholders. The decision-making process that led to EPROM’s appointment remains opaque. Industry observers have questioned why a company with limited international experience was chosen over more established firms with proven track records.

    Read Also: May 29: Ex-Minister greets Tinubu, urges Nigerians to key into Renewed Hope Agenda

    The shutdown of Unit 10 has had immediate operational consequences. Production targets have been missed, and the timeline for bringing additional units online has been pushed back indefinitely. This delay threatens to undermine Nigeria’s broader energy strategy, which hinges on revitalising domestic refining capacity to reduce dependence on imported fuel.

    Port Harcourt’s situation is symptomatic of a broader pattern in Nigeria’s energy sector, where short-term decisions often undermine long-term goals. The preference for expedient solutions over strategic planning has, they argue, led to a cycle of underperformance and missed opportunities.

    As the shutdown drags on, pressure is mounting on NNPCL and PHRC to take corrective action. The shutdown of Unit 10 at the Port Harcourt Refinery has exposed deep fissures in NNPCL’s approach to managing its critical energy infrastructure. What began as a technical issue has morphed into a broader debate about contractor selection, local content, and institutional transparency. As Nigeria grapples with these challenges, one thing is clear: the decisions made today will shape the country’s energy future for decades to come. Whether the lessons of Unit 10 will lead to meaningful reform remains to be seen.

    •Patrick Edward Port Harcourt

  • Port Harcourt Refinery on hold for 30 days

    Port Harcourt Refinery on hold for 30 days

    The Port Harcourt Refining shutdown for maintenance will be for 30 days, it was learnt last night.

    But officials gave the assurance that there will be no petrol scarcity during the period.

    The Nigerian National Petroleum Company Limited (NNPCL) at the weekend halted operations to allow for checks on the equipment, raising fears of negative effect on petrol supply.

    The stoppage of operations came six months after the November 26, 2024 completion of its $1.5 billion rehabilitation.

    An official of the company told The Nation yesterday that it has made contingent arrangement to ensure seamless product (petrol) supply for the 30 days that the routine maintenance at the plant would last.

    Allaying fears of disruption in petrol supply or product scarcity , the official said the NNPCL will rely on multiple sources to ensure that Nigerians do not experience any form of hardship during the overhaul.

    The source said: “We have petrol stored in our reserves; we have Dangote Refinery to support the process with supply, these two sources will successfully cater for this period.

    “But should it become unavoidable, the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) will issue import licences to marketers for the product to be brought in, although we do not envisage the situation getting to this point.”

    READ ALSO: Security sector at Tinubu’s mid-term

    The maintenance, it was learnt, is in tandem with international standard of ensuring smooth operation of refineries.

    An insider’s source said: “Periodic checks are necessary to keep such facilities in top shape at all times. Usually, refineries are maintained between nine to 12 months. What the NNPCL has done is part of the maintenance schedule outlined for the refinery so that it can remain in top condition to continue to serve efficiently.

    “Even brand new refineries usually go for maintenance between nine to 18 months after commencement of operations.”

    Upon the completion of the maintenance, the Warri Refinery is expected to  boost petrol supply as the facility would just be ready to kick start petrol production again.

    According to our sources, the Warri Refinery is being hindered by a damaged part which cannot be sourced off the shelf.

    “The problem with Warri Refinery is a bad component which the Original Equipment Manufacturer (OEM) has to manufacture for its replacement. The OEM said it takes 45 days to manufacture and deliver but there was a slight hitch which delayed the process; hopefully, it will be available soon and will complement supplies when the PHRC maintenance is completed,” the source said.

    In a statement at the weekend, NNPCL Chief Corporate Communications Officer (CCCO) Femi Soneye described the shutdown as part of a planned maintenance and sustainability assessment aimed at ensuring optimal performance of the facility.

    He said that  updates about the development will be provided regularly through official channels.

    The statement reads: “The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to inform the general public that the Port Harcourt Refining Company (PHRC) will undergo a planned maintenance shutdown.

     “This scheduled maintenance and sustainability assessment will commence on May 24, 2025. We are working closely with all relevant stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), to ensure the maintenance and assessment activities are carried out efficiently and transparently.

    “NNPC Ltd remains steadfast in its commitment to delivering sustainable energy security.

    On November 26, last year, the NNPCL restarted the 210,000 b/d Port Harcourt refinery after three and a half years offline. Product loadings had begun after the plant’s smaller, 60,000 b/d capacity crude distillation unit (CDU) came into operation. The rehabilitation was handled by an Italian engineering firm, Maire Tecnimont.

    The Port Harcourt refinery was shut in 2020 after several years of low capacity utilisation. NNPCL had previously said it expects the initial 60,000 b/d phase to produce 12,000 b/d of gasoline, 13,000 b/d of diesel, 8,600 b/d of kerosene, 19,000 b/d of fuel oil and 850 b/d of LPG in the first year of resumed operations.

  • BREAKING: NNPC announces Port Harcourt refinery shutdown for maintenance

    BREAKING: NNPC announces Port Harcourt refinery shutdown for maintenance

    The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the Port Harcourt Refining Company (PHRC) will undergo a scheduled maintenance shutdown from May 24, 2025.

    In a statement on Saturday by the Chief Corporate Communications Officer, Femi Soneye, NNPC Ltd explained that the shutdown is part of a broader maintenance and sustainability assessment initiative aimed at enhancing the facility’s efficiency and long-term performance.

    “The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to inform the general public that the Port Harcourt Refining Company (PHRC) will undergo a planned maintenance shutdown,” the statement reads.

    “This scheduled maintenance and sustainability assessment will commence on May 24, 2025.”

    NNPC Ltd further assured that it is collaborating with relevant stakeholders to ensure a smooth and transparent process.

    Read Also: Port Harcourt Refinery fire not an explosion, says NNPCL

    “We are working closely with all relevant stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), to ensure the maintenance and assessment activities are carried out efficiently and transparently.”

    Reaffirming its dedication to the nation’s energy needs, the company added:
    “NNPC Ltd remains steadfast in its commitment to delivering sustainable energy security.”

    The corporation noted that additional updates will be communicated through its official channels, including its website, media platforms, and public statements.

  • Group seeks probe of repair works at Port Harcourt refinery

    Group seeks probe of repair works at Port Harcourt refinery

    The National Transparency Network, a coalition of Civil Society Organisations and patriotic citizens, has called for a probe into the repair works at the Port Harcourt refinery. 

    It also demanded a thorough investigation into the financial activities of the Nigerian National Petroleum Company Limited (NNPCL) under the leadership of former Group CEO, Mele Kyari. 

    Speaking at a press conference in Abuja, the group called for a Special Commission of Inquiry to probe the alleged $1.5 billion spent on the Port Harcourt refinery, which has yet to deliver refined products.

    The CSOs expressed outrage over the expenditure of $1.5 billion on the Port Harcourt Refineries (PHRC) 1 and 2, an amount equivalent to the annual budgets of several African countries. 

    They questioned the initial plan to rehabilitate two refineries, which was abandoned without justification, and demanded answers on where the funds disappeared to. 

    The group led by its National Coordinator.  Dr Fabian Opialu criticised the Kyari-led administration for lack of transparency and accountability, citing alleged false reports of “mechanical completion” despite the refinery’s non-functionality.

    They demanded a comprehensive audit and prosecution, including a forensic audit of all NNPCL financial transactions over the past five years, publication of those involved in the alleged misallocation of 89 million barrels of crude oil to non-state actors, a detailed report on how $1.5 billion was spent on the Port Harcourt refinery, interrogation and possible prosecution of Mele Kyari, dismissed board members, and other NNPCL executives found culpable, and a legislative oversight hearing to ensure transparency requirements for the newly appointed NNPCL board.

    The network expressed support for President Bola Ahmed Tinubu’s administration, commending his commitment to reforming Nigeria. 

    However, they emphasised that reform without accountability is merely cosmetic and urged the President to act swiftly to address the situation. 

    They called on the Economic and Financial Crimes Commission (EFCC), the National Assembly, and the Presidency to act swiftly and without delay to investigate and prosecute those involved in the alleged financial malfeasance.

    The CSOs believe that a proper investigation, followed by judicial action, will send a strong message that Nigeria is ready to conduct business within the parameters of accountability. 

    The statement added: “Firstly, we must draw attention to the previously mentioned staggering sum of $1.5 billion earmarked for the rehabilitation of Nigeria’s refineries. Nigerians were led to believe that these funds, allocated by the Buhari-led administration in 2021, were intended for a comprehensive overhaul. 

    “However, to the shock and dismay of the public, not only were these funds entirely expended on just one refinery, but the said refinery turned out to be non-functional, failing to meet even the most basic industrial standards expected of such an investment. 

    “Such fiscal mismanagement should have been the subject of a rigorous criminal investigation involving all national and international parties implicated in this debacle. 

    “Yet, under President Tinubu’s administration, the silenced voices of Nigerians are being amplified, demanding answers to critical questions: Where did these huge funds disappear to? Why was the initial plan of rehabilitating two refineries abandoned without justification? 

    “Who are those responsible for this national capture of our resources? Moreover, this  act defies logic and prudence. The dissipation of such a colossal sum with no concrete outcome or accountability speaks volumes about the Kyari-led administration. 

    Read Also: Port Harcourt Refinery fire not an explosion, says NNPCL

    “Despite false reports of a ‘mechanical completion’ the Port Harcourt refinery has yet to deliver refined products to Nigeria and Nigerians. On behalf of Nigerians, we ask: What was the essence of this Prodigious group wants probe of repair works at  Port Harcourt Refinery.”

    “Perhaps even more alarming is the unresolved scandal surrounding the disappearance, or rather the misallocation, of over 89 million barrels of crude oil to non-state actors. While many view this as a case of mismanagement, we see it as an enormous economic sabotage of the highest order. 

    “It is an undeniable fact that Nigerians deserve to know who authorized such transfers, who the beneficiaries are, and why no arrests have been made to date. The absence of accountability concerning this monumental loss is a disgrace to the stature of leadership and a great threat to Nigeria’s economic sovereignty.”

  • No explosion at Port Harcourt Refinery- NNPC

    No explosion at Port Harcourt Refinery- NNPC

    The Nigerian National Petroleum Company Limited (NNPC) Ltd has denied there was an explosion at its Port Harcourt Refinery Company (PHRC) in Eleme axis. 

    It said the mid-morning incident on Wednesday, March 19 was a flare and not an explosion. 

    A video clip of a raging fire on a section of an oil facility emerged online in the afternoon with a remark: “The Port-Harcourt refinery almost exploded today at about 11.45 am …, while they were trying to shut the system down.

    “Then someone asked, “was it done deliberately? and the author replied no; 

    This is what we face constantly, System failure.”

    Read Also: Hon. Alabi’s bill to protect domestic workers in Nigeria passes second reading

    From the tone of the conversation, the person apparently works at the facility. 

    The video went viral on several platforms, heightening the tensed situation in Rivers State over reports of repeated explosions on various pipelines. 

    But in a statement, the Chief Corporate Communication Officer of NNPCL Olufemi O. Soneye, the company  dismissed insinuations of explosion on the newly refurbished facility as false.

    Soneye noted the fire was not an explosion but a flare incident which has since been contained successfully.

    According to him: “The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. 

    “The company clarified that what occurred was a flare incident, which has since been fully contained.

    “There is no danger or health hazard to staff, the surrounding communities, or the environment.

    “NNPC Ltd. urges the media and the public to disregard any reports suggesting an explosion at the refinery, as they are entirely false.”

  • JUST IN: NNPC refutes explosion at Port Harcourt Refinery

    JUST IN: NNPC refutes explosion at Port Harcourt Refinery

    The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State.

    In a statement issued yesterday by its Chief Corporate Communications Officer, Olufemi Soneye, NNPC clarified that the incident was a flare event, not an explosion, and assured that it had been fully contained.

    “The company clarified that what occurred was a flare incident, which has since been fully contained. There is no danger or health hazard to staff, the surrounding communities, or the environment.

    Read Also: JUST IN: NNPCL invites Obasanjo for tour of Port Harcourt Refinery

    “NNPC Ltd. urges the media and the public to disregard any reports suggesting an explosion at the refinery, as they are entirely false.”

  • PETROAN urges FG to privatise Port Harcourt, Warri refineries

    PETROAN urges FG to privatise Port Harcourt, Warri refineries

    The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has requested the Federal Government to privatise the Port Harcourt and Warri Refineries in 2025 to firms for efficiency and reduction of government spendings.

    It made the request in a document titled: “To whom It may concern,” which The Nation obtained from Abuja on Saturday.

    The document was signed by the National President, Billy Hary; Secretary, Barr Adedibu Aderibigbe, and Public Relations Officer, Dr Joseph Obele.

    In its recommendations, the association said: “Based on PETROAN’s observations, the following recommendations are made to 

    ensure the effectiveness and efficiency of the downstream sector in 2025:. “Privatization of Nigerian-Owned Refineries: Privatize Nigerian-owned 

    refineries, such as the Warri and Kaduna refineries, to reputable private 

    companies to improve efficiency and reduce government spending.”

    It further noted that privatisation of the plants would foster  a competitive market by encouraging new entrants and promoting a level playing field to prevent 

    monopolies and ensure fair pricing.

    It said it would enhance transparency and accountability.

    PETROAN also requested President Ahmed Tinubu to save the businesses of 10,000 oil and gas marketers with N100billion intervention.

    This followed the perceived job losses due to the removal of the Premium Motor Spirit (PMS) petrol subsidy.

    The document said: “PETROAN request for a grant of ₦100 billion from President Bola Tinubu to help prevent the closure of 10,000 marketers’ businesses.

    ‘

    ” The request is in response to the threat of job losses that would result from the removal of the fuel subsidy.”

    PETROAN also urged the government to address cross-border smuggling of petroleum products by collaborating

    with neighbouring countries to strengthen border security and prevent 

    smuggling, and also utilize digital tracking systems to monitor petroleum 

    products from refineries to retail outlets.

    The association further asked the government to prioritise local refineries’ access to crude oil to boost Nigeria’s refining capacity and reduce reliance on imported petroleum products. 

  • FULL LIST: Warri, Port Harcourt, seven other completed refineries in Nigeria

    FULL LIST: Warri, Port Harcourt, seven other completed refineries in Nigeria

    The 125,000 barrels per day Warri Refining and Petrochemicals Company (WRPC) has commenced operations.

    Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), disclosed this during a tour of the facility on Monday, 30 December.

    Addressing the team during the tour of the facility, Kyari said, “This plant is running. Although it is not 100 percent complete, we are still in the process.

    “Many people think these things are not real. They think real things are not possible in this country. We want you to see that this is real.”

    Here are nine completed refineries in Nigeria:

    1. Edo Refinery and Petrochemical Company:

    This project is a wholly owned subsidiary of AIPCC Energy.

    It operates in two phases with capacities of 1,000 BPSD and 5,000 BPSD and has been commissioned and is fully operational.

    2. Duport Midstream:

    Located in Edo State, this is a 2,500-BPD refinery that was completed in 2022 and started production in 2023.

    3. Walter Smith refinery:

    The Walter Smith refinery is a 5,000-bpd oil refinery located in Imo State. The refinery started operations in 2020, with plans to expand its capacity to 50,000 bpd in the coming years.

    4. OPAC Refinery, Delta State:

    This 10,000-bpd modular refinery, located in Kwale, Delta State, was completed in 2021 as part of the federal government’s effort to improve local crude oil refining.

    5. Niger Delta Petroleum Refinery (Aradel).

    The initial 1,000 bbls/day AGO topping plant was commissioned in 2010. Currently, the 3-train, 11,000 bbls/day modular refinery produces Automotive Gas Oil, dual-purpose kerosene, Marine Diesel Oil, high-pressure fuel oil, and Naphtha.

    6. Old Port-Harcourt refinery:

    Built and commissioned in 1965 with a refining capacity of 60,000 barrels of oil per day.

    In March 2021, the federal government awarded the repair of the refinery to Tecnimont SPA, an Italian company that would carry out repair works in phases.

    In December last year, the Minister of Petroleum Resources, Sen. Keineken Lokpobiri, announced the mechanical completion and flare startup of the refinery.

    7. Warri Refinery and Petrochemical Company (WRPC):

    The 125,000-bpd capacity WRPC was built and commissioned in 1978 at a cost of around $478 million.

    Until today, the refinery has never achieved full capacity utilisation, as production declined steadily except in the early 1990s, during which there was a brief upswing in production.

    Read Also: Warri Refinery re-opening: Tinubu lauds NNPCL on historic milestone

    In 2021, the federal government awarded the contract for the repair of the decrepit refinery to Saipem SPA for $897 million.

    8. New Port-Harcourt refinery:

    In 1985, the federal government commissioned the New Port Harcourt refinery, built for $850 million. It can refine 150,000 barrels of oil daily.

    The commissioning of the New Port Harcourt refinery increased the total refining capacity of the plants to 210,000 barrels per day.

    9. Dangote Refinery:

    This is a 650,000-bpd refinery located in Lekki, Lagos State. The refinery cost around $19 billion and was commissioned in May 2023. Oil refining started in late December 2023, and it began dispensing products to local and international markets in May 2024.