ABUJA— The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that the Port Harcourt Refinery will resume crude oil production by the end of June and will contribute about five million litres of Premium Motor Spirit,
PMS, also known as petrol to Nigeria’s fuel supply.
Speaking during a tour of NNPC retail outlets in Abuja, Group Managing Director of the NNPC, Mr.
Joseph Dawha, also assured Nigerians that the perennial fuel scarcity will be addressed before
the end of the week, as it currently has about 1.1 billion litres of petrol in its storage, which is equivalent to 27 days sufficiency and has
deployed 428 truckloads of fuel to Abuja and across the country, in conjunction with the Pipelines and Product Marketing Company
(PPMC).
According to Dawha, the NNPC is carrying out a phased implementation of the rehabilitation of the refineries, stating that work at the Port Harcourt refinery is almost complete and will soon start
producing at 80 per cent of its installed capacity, contributing about five million litres of PMS per
day.
He said: “We took a conscious decision that if the refineries are not in a good state to process crude
for maximum gains, then there was no point in sending crude to the refineries. What we do is to try and fix it, so that by the time it starts
processing the crude, then we get real value forthe crude we have sent to the refineries.
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