Friday, December 5, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

NNPCL to hand over Port Harcourt refinery to private operators

Seeking reputable operations and maintenance firms, the NNPCL aims to enhance reliability and sustainability in meeting the nation's fuel supply and energy security needs

Promise Eze by Promise Eze
January 15, 2024
in National
Reading Time: 1 min read
0 0
A A
0
NNPC
Share on FacebookShare on Twitter
  • The contract scope encompasses refinery business processes, including production planning, operations execution, monitoring, reporting, optimization, maintenance, health and safety, environmental management, and minor projects

The Nigerian National Petroleum Company Limited has finalized plans to transfer the Port Harcourt oil Refinery to private operators.

Seeking reputable operations and maintenance firms, the NNPCL aims to enhance reliability and sustainability in meeting the nation’s fuel supply and energy security needs.

The contract scope encompasses refinery business processes, including production planning, operations execution, monitoring, reporting, optimization, maintenance, health and safety, environmental management, and minor projects.

NNPCL requested that interested companies must demonstrate “a minimum average annual Turnover of at least $2 billion USD for the financial years ending: 2019, 2020, 2021 and 2022 respectively.”

READ ALSO

BREAKING: Rivers Speaker, 15 other assembly members loyal to Wike quit PDP, join APC

Insecurity: VIPs’ protection, a presidential order and a nation’s broken police system

New dawn at the defence ministry: Christopher Musa and the burden of expectations

Tinubu’s jarring ambassadorial nominee list and the place of optics in governance

The NNPCL had commenced the supply of crude oil to the Port Harcourt refinery to test-run it.

On December 21, 2023, the Federal Government announced the mechanical completion of rehabilitation work on the Area-5 Plant of the Port Harcourt Refining Company in Rivers State.

It said the first phase of the plant had been completed, as the facility would start refining 60,000 barrels of crude oil daily after the Christmas break.

The Port Harcourt Refinery, situated in Nigeria’s oil-rich Niger Delta region, has been in operation since 1965. The Alesa Eleme refinery complex is situated in Rivers State, Nigeria, approximately 25 kilometres east of Port Harcourt.

In March 2021, the Nigerian government approved a GBP 1.08 billion ($1.5 billion) budget for the renovation and modernisation of the refinery complex.

Discussion about this post

ADVERTISEMENT
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName