Nigeria’s oil marketers have reignited hope that the Port Harcourt Refinery would commence commercial production in the coming weeks.
The national president of the Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry disclosed this in an exclusive interview with Daily post on Monday.
He said his recent visit to the 250 barrels per day refinery showed readiness to produce petroleum products in commercial quantity.
Gillis-Harry explained that the full-scale kickoff of Port Harcourt Refinery and Dangote Refinery would guarantee an end to fuel queues in Nigeria.
“Port Harcourt Refinery is gearing up to be on stream to produce Petroleum in commercial quantity. We pray and hope that in the coming days or weeks, this comes to light. I went personally to the refinery. I saw efforts in place to ensure the refinery works”, he told DAILY POST.
In a similar interview with an oil and gas expert, Zakka Bala, he said the hope for Nigeria’s energy security lies with the revitalization of its Port Harcourt, Warri, and Kaduna refineries.
According to him, Dangote Refinery is in the business to make a profit but the government-owned refineries are to provide services for Nigerians.
According to him, the government must not allow those who do not want the country’s national refineries to succeed.
“For me, I am bothered about the government-owned refinery. Dangote Refinery is a private business. The company is built to maximize profits. We need to understand why private businesses are profit-centered.
“The moment the private refineries start collecting crude allocation from national refineries, they will never want the refineries to come up again”,
Recall that iIPetroleum Company Limited, Mele Kyari projected that the Port Harcourt refinery would commence operation in August this year.
NNPCL had earlier announced March and July 2024 dates for the commencement of the refinery after its mechanical completion in December last year.
This comes after the Nigerian government in 2021 approved $1.5 billion for the turnaround maintenance of the refinery.
Recently, Opeyemi Bamidele, Chairman of the Senate Committee investigating alleged economic sabotage in the Nigerian Petroleum Industry called for a probe on the $1.5 billion for the maintenance of Port Harcourt refinery
Porthacourt bvs, pls confirm this claim
ReplyDeleteThe road to the refinery sef... Tankers gon fall everyday.
DeleteI pray good things will come out of this.
ReplyDeleteIf the PH refinery and the Dangote refinery begins production, the cost of petrol will drastically reduce.
ReplyDeleteHowever as an active participant in the oil sector, it will be a miracle if the refinery begins full operations before the end of this month. Just yesterday that I passed through, it is still in a poor state.
Beyond that, where will the tankers drive on? The Eleme-Onne Road has now been abandoned. I noticed the little bridge is on the verge of collapse. A few months ago, some tankers fell around that axis and the flames consumed several lives.
These issues need to be addressed.
Nocturnal, leave them, they know what they are doing, see the nonsense this shameless man is spewing, how adult men with kids at home openly lie to us on verifiable facts is what i don’t understand. Every sentence he has said ended him putting down the Dangote refinery. You can’t put down a business that came as a relief to Nigerians when you all connived to keep us suffering while putting billions away in ur foreign account.
DeleteBottom line is, Dangote refinery has scared them shitless, it has exposed their age long corruption, lies and evil. Year in year out, they have always allocated monies to themselves for the renovation, resuscitation and refurbishing of the govt owned refineries. Even now, it is the pressure of the Dangote refinery that has made them suddenly come out to declare their half done refineries ready for kick off.
There has been so much monopoly on their part over the years. They export crude and import rubbish products and pocket the billions that come with it, now they have met someone that can import, refine, transport and sell the products within nigeria and even further take away their market in the west African region.
God will continue to expose them, God will continue to uplift our business men so that they would be a competition to our docile govt since now it is obvious that, that is the only way our govt gets to work.
Next is the Ajaokuta steel industry, even if it is not Dangote, let it just be a Nigerian business man that would make the move, sharp sharp u wud see the Nig govt saying that it has always been in the pipeline to fix it, meanwhile it is a lie, their incapacity, inefficiency and insincerity just got exposed by private individuals.
Hmmm!!!๐คจ๐คจ๐ค๐ค
DeleteWhy are they now lying
DeleteAmen oooooo.
ReplyDeleteHopefully this reduces the price of fuel
This will be a good development
ReplyDeleteIt is thievery and high greed from oil barons and mafias that have made these refineries not to function all the years because of subsidies and their personal refineries they own outside the country.
ReplyDeleteImagine an oil-producing country exporting crude oil to be refined and imported back to the country at the detriment of the masses, making living a hell!
The NNPC and federal government have not deemed it fit to build additional refineries all these years.
Dangote has built one; the mafia wants to frustrate him because it will mean crude oil will not be exported.
Our earnest desire is to see functional refineries in the country and hope it will end this long captivity of the Nigerian oil sector.
Nigeria getting better
ReplyDeleteHello iya Boys
๐๐๐คช
ReplyDeleteMaybe in their dreams cuz otu awu ezi