PORT HARCOURT REFINERY FUNCTIONING AT 70 PER CENT – ONANUGA REVEALS AFTER FACT-FINDING VISIT

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The Port Harcourt refinery is now running at 70% installed capacity, with plans to boost output soon, according to Bayo Onanuga, President Bola Tinubu’s Special Adviser on Information and Strategy.

According to Onanuga, the refinery receives regular crude oil, despite allegations that it does not have the product.

After accompanying a fact-finding team to the refinery, which produces 60,000 barrels per day, on Wednesday, he revealed this.

The team’s fact-finding trip has dispelled the concerns and misinformation over the refinery, the presidential adviser said.

According to our explanation, the team was happy with the refinery’s condition.

Onanuga disclosed this in a statement titled, ā€œPutting to Rest Rumours about Port Harcourt Refinery Complex: Our Fact-Finding Mission.ā€

According to Onanuga: ā€œI was part of a fact-finding team that visited the 60,000 barrels daily Port Harcourt Refining Complex on Wednesday. I will now share our findings.

ā€œOur team, guided by the refineryā€™s Managing Director Ibrahim Onoja, toured the entire complex, from the computerised control room to the loading bay and every section in between. We asked pointed questions and received satisfactory answers, dispelling our doubts and misconceptions.

ā€œNigerians must ignore naysayers and false information about the refineryā€™s operations. While it is not currently running at 100%, it is functioning at 70% installed capacity, with plans to increase production shortly.

ā€œFurthermore, the refinery receives regular crude supplies, contrary to claims that it lacks crude to refine.ā€

He commended NNPCL for reviving ā€œthis dead asset,ā€ on the ā€œverge of becoming a museum piece.ā€

Olufemi Soneye, the Nigerian National Petroleum Company Limited, declared in November that the Port Harcourt refinery would begin operations.

According to a NNPCL official, the refinery started up at 60% capacity.

According to Soneye, the refinery processes 60,000 barrels of crude oil per day, with a total capacity of 250,000 barrels per day.

 

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