According to a video making the rounds on the social media, the refinery’s flare indicated the commencement of oil refining.
The development comes months after the Minister of State for Petroleum (Oil) Senator Heineken Lokpobiri said in August that the Port Harcourt refinery will commence operation in December 2023.
According to the Minister, the objective is to ensure the country stops importing fuel.
Corroborating Lokpobiri’s stance, the Nigerian National Petroleum Corporation Limited, NNPCL, declared that importing petroleum products into the country will cease by December 2024.
The Group Chief Executive Officer of the NNPCL, Mele Kyari, said, “I can confirm to you that by the end of December this year, we will start the Port Harcourt refinery; early in the first quarter of 2024, we will start the Warri refinery, and by the end of 2024, Kaduna refinery will come into operation.
In March 2021, the Federal Executive Council approved $1.5 billion to rehabilitate the Port Harcourt Refinery.
Accordingly, data showed that the Nigerian government has spent N11.35 trillion ($25 billion) in the past ten years on fixing the country’s three refineries.
Meanwhile, with the commencement of Port Harcourt Refinery, stakeholders in the downstream sector said the price of fuel, which is over N617/litre, may drop.
from dailypost
Wow 👍
ReplyDeleteThis is good news.
Omg!
ReplyDeleteGive it up for the one and only PBAT
The kinda choking good news I want to be hearing on a regular
Haters, your food don land
What the other former presidents couldn't do has become a reality
Nope, it's the handiwork of President Buhari rather 👍
DeleteYea right
DeleteAll join
APC takes the win
As the agbado commenter that I am, I am very very happy
Long overdue!!!
ReplyDeleteE be like say this Baba mean business ooo.
This is very commendable and I believe the price of fuel will crash going by this.
Great degree-wielding Nigerian youth, analyze the numbers.
DeleteWhat is the universal price of crude and how is it set? How much does processing , shipping, transport storage etc that part of downstream account for in cost? You are talking 100 naira max if Nigeria is to stomach the cost of production which will further affect sustainability so how will prices CRASH when 2 other government run refineries have not been sold and are still being repaired to make this sustainable? What is the supply like considereing that even with our increased crude target in the past 6 months and victories scored against bunkerers leading to about 40% increase in local supply of crude, we are still behind OPEC target based on Nigerians being their nation's enemy. What does demand say considering supply for the main private refinery is also there to meet? How many million barrels can this refinery produce without backup and we still have two to revive: there are no shortcuts. Refined products will first be offered to NNPC stations so private hands may have to look elsewhere while repairs/ sales are ongoing and supply is increased. How did you arrive at that conclusion mathematically?
It's a great development but the road to recovery cannot be shortened.
Let us be informed and measured as per expectations because many will be looking to those with formal training for guidance.
The government has done well to meet this target and the previous government also laid a foundation for this, though needlessly snail-paced. Work continues. More power, more grease to all involved.
Very good news
ReplyDeleteGood news
ReplyDeletePlease the price of fuel show reduce,
ReplyDeleteThis is good news, we yearn for more good news
Nice one
ReplyDeleteMake we go verify 🙄
ReplyDeleteI pray it's true because you see that other refinery they've been shouting about, na lie, nothing will be produced there even by next year
YOU SO BADLY WANT THE NEWS TO BE A LIE BUT ITS NOT...i thought u said you always verify stuff? Journalist in the mud...If you checked u would have seen that thereis a video to this effect..... try to check my instagram if you care.......
Delete😂🤣😹 @Stella
DeleteHe loves bad news
Happy for PH City
Me journalist isonu😂😂
DeleteBecause of Agbado Big Stellz 🤣😁
I only said I'll verify..
I didn't say it's a lie or its true..
Na Dangote own I dey refer too.
I'll check your IG, I care about this country working 🙄, even though I have lost hope in it
Stella nawao
DeleteDante do your work, at least this one better pass to dey annoy female bvs up and dan...Well done oh
DeleteBemorebloiss wetin exactly?
😂😂
DeleteNa still my work I dey do oh,. Na fact I dey talk all rounder, any female wey dey annoy should check herself wella..
Plus, na dem make me no dey pity them with my findings, wey I dey cast everything, since them think say them fit use insults, character assassination and name calling to bully me..
What have I not been called on this blog by them, gay, woman hater, fraud, jobless, short, liar, broke and hungry, rap!st etc etc they've done their worse,.. I will do mine..
My uncle works in that refinery. I told him when I read the news. He was so excited. He has gone there this morning to see things for himself. When he's back I will call him to confirm.
DeleteStella thank you so much for this reply, how can you want good news to be bad so badly? God forbid bad thing!
DeleteYou guys are funny. That scam na to appease the public because NNPC promised December. I work here and the part that this drama is going on is called "Area 5". That flare is fake; just burning fire to satisfy the generality of Nigerians. That Section will not work till July 2024 or later.
DeleteWork has gone far but not completed.
Big Stellz mi, e be like say na you go do the work oh😁😁
DeleteThem say na fire 🔥 dem just dey burn give you oh say no level..
Shebi I talk am🤦
Abeg no let these people stain your precious white biko
Good to know! I pray it reduces the price of PMS
ReplyDeleteWow! Great news
ReplyDeleteOh wow. This is music to my ears.
ReplyDeleteObi for President
Wizkid FC
Proudly Tiv
Good News
ReplyDeleteGreat!
ReplyDeleteShooter Gyal
Lol..
ReplyDeleteStella Nwayinoma😂😂 na that 10 seconds video showing fire for your IG you dey say make we go see😧.. me that was thinking I'll see one documentary😃
So far the news seem to be true..
And I hope it's true, cos e go bad if after this support these people come stain your white oh, cos me I'll be back to announce it if we discover otherwise later..
Congratulations are in order to Nigeria..
May we continue to see and witness positive growth in the country. Amen
There is a lot of pressure to complete the first phase of this project. As an employee of a subcontractor on that project, we still have critical items for this particular phase we are to deliver by February next year.
DeleteThat thing na "movie".
If you doubt, let's see if they will refine anything till April next year.
Live on ground. Dante is right!
DeleteGood, let's see how long it will stay afloat.
ReplyDeleteThis is a great news 👏
ReplyDeleteCommendable
Good news
ReplyDeleteThis is commendable 👌
ReplyDeleteGreat news 👍👍👍.
ReplyDeleteKudos Jagaban
Jagaban means business. I oray things being done woukd put stuff right in the country
ReplyDeleteJagaban means business. I oray things being done woukd put stuff right in the country
ReplyDeleteDante is right - Please note flaring does not indicate commencement of refining operations. It is part of the testing phase of the revamp/upgrade. If there are no major setbacks during the testing phase then expect full commisioning of all the components by March and we should have operations commence subsequently ( not to full capacity though which may take up the better part if 2024). Let's treat news as what it is until we start having offtakers lift refined products for distribution to local market through filling stations as part of the full downstream businness value chain.
ReplyDeleteIn summary - Good progress is being made but it is not yet Uhuru as being advertised. Let us commend Buhari for the concept and Timubu for continuity, however, remember Buhari tried to fly a similar kite woth Dangite refinery and gave date that never csme to pass.
Testing is a primary part of resumption of work at a refinery. Ev1en the Dangote refinery has carried out about six phases of tests with their products not hitting the market yet. You need to test to confidently speak on capacity, areas of weakness and continue repairs.
DeleteIf you have a magic wand, wave it. Progress takes effort and it takes time. The people deceiving you did not do anything to develop the abundant coal reserves in their region for 8 to 16 years but want refinery updates to be downloaded from piratebay within five minutes and to be rebooted in even less time. If we take this refinery to the market to end the stress, they will still bid with one side of their mouths and be lying to the free-addicted people with another.
Even the workers who downed their tools for a personal criminal case months ago are also acting like they are not one of the major hindrances for the past years of the refinery being non functioning.
Exactly. A lot of work has been done and they are nearly there.
Delete01:15 you must make it a snide tribal comment as if the crude oil is not appropriated as a NATIONAL resource as much as coal?
DeleteOr is there any crude oil in Kaduna yet a Refinery was set up THERE?
TRIBAL BIGOT.
Na why I dey laugh.
ReplyDeleteSeeing the reality of this refinery compared to what I see on the news has taught me a lot about propaganda and the power of the media.
The difference is Night and Day.
We want the Refinery to work. But it's not what you see or hear in the news.
I basically live and work at PH Refinery.
Somebody should comman see what I'm saying oh..
DeleteBefore they'll gbé you L'andicap in this yeye country😁
SDK, TRUST BUT VERIFY! That's a Russian proverb.
DeleteI hope the refinery is really up and doing because social media na another thing ooo.
ReplyDeleteThis is great news
ReplyDeleteMake e no be another Nigerian airway
ReplyDeleteMy people nothing dey happen for port Harcourt refinery. This flare was ignited with LPG. The refinery is still under rehabilitation
ReplyDeleteLMAO 🤣🤣🤣🤣🤣🤣
ReplyDelete