New Refinery Project Set To Begin, Company Signs Deal With NNPCL To Begin Work [Video]

• A new refinery project is set to begin within the Port Harcourt refinery, and it will have a capacity of 100bpd
• The refinery is expected to produce petrol, diesel and Liquefied Petroleum Gas (LPG), known as cooking gas
• When the new project is completed, it will boost the combined capacity of 310,000 barrels per day

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Port Harcourt Refining Company (PHRC), a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has reached an agreement with African Refinery to build another refinery within the PHRC complex.

NNPCL made the disclosure on its social media handles, noting that the refinery will have a capacity of 100,000 barrels per day to produce Premium Motor Spirit (PMS) petrol and automotive Gas Oil (AGO) …