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Port Harcourt refinery yet to commence bulk sales – NNPCL

PH refinery not in full operation

Credible News by Credible News
November 30, 2024
in Economy, Human Interest, News
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The Port Harcourt Refining Company is yet to commence bulk sales neither has it opened purchase portal as essential processes are still being finalised- the Nigerian National Petroleum Company Limited, NNPCL, said.

The NNPCL says an official announcements will be made if and when price reviews on the products occur.

Mr Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd. in a statement on Friday noted that currently its products being sold were originated from the Dangote Refinery.

The 60,000 barrels per day capacity refinery began truck-out of petroleum products on Tuesday in Port Harcourt following its rehabilitation.

Some petroleum marketers and Nigerians have raised operational concern about the refinery as regards to pricing.

The Petroleum Products Retail Outlet Owners Association of Nigeria also confirmed that the Refinery had not released any new price for products purchase.

READ ALSO: Port Harcourt Refinery products available at only NNPCL outlets- Soneye

The association said that it bought PMS with the old pricing template while awaiting the new prices.

“Currently, the products we are selling originate from the Dangote Refinery and include applicable Nigerian Midstream and Downstream Petroleum Regulatory Authority fees,” he said.

“Products from PHRC are exclusively for our retail stores at this stage. Our pricing is reviewed and adjusted periodically as necessary to reflect operational realities.

“We advise the public to disregard any misleading information regarding pricing. Official announcements will be made if and when price reviews occur,” he added.

Recall that the host community of the Port Harcourt refinery had accused the NNPCL of loading stuck, in sharp contrast to the NNPCL claims.

Timothy Mgbere, the secretary of the Alesa community stakeholders alleged that the petroleum products loaded from the newly rehabilitated Port-Harcourt Refinery were not freshly refined but products left in the storage tank of the facility in the last three years.

He also alleged that the refinery only loaded six trucks on Tuesday despite stating that 200 trucks would be picked up from the refinery daily.

The secretary described the ceremony held as a “party”, stressing that the full units of the old complex are not functional.

Credible News.ng

Tags: Chief Corporate Communications OfficerNigerian National Petroleum Company LimitedOlufemi SoneyePort Harcourt Refining Company
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