Categories: OIL & GAS

NNPC Ltd Fulfils Promise, Delivers Port Harcourt Refinery

NNPC Ltd Fulfils Promise

 

OpenLife Nigeria reports that the Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC).

According to a statement signed by Olufemi O. Soneye, Chief Corporate Communications Officer, NNPC Ltd and made available to OpenLife, rehabilitation work has been ongoing at the Refinery for over two years.
And the NNPC Ltd. had pledged to complete Phase One of the project (mechanical completion and flare start-up) of Old Port Harcourt Refinery (Area 5) by 31st December 2023.

 

Speaking during an inspection tour of the rehabilitation project, which also coincided with the 15th Refineries’ Rehabilitation Steering Committee Meeting, the Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari, said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been completed.

“In our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments,” Kyari stated.

The GCEO commended the NNPC Ltd.’s staff and the EPCIC contractors for doing a great job in ensuring that the refinery achieved that significant milestone.

In his remarks, the Chairman of NNPC Ltd Board, Chief Pius Akinyelure described the milestone as “historic”, stressing that the board was proud of the staff and management of the refinery.

“We are just starting. We want to be at the highest level of production so that we will keep the prices of petroleum prices in the country stable in order to give comfort to our people and generate more revenue for our country,” Akinyelure noted.

Also speaking, the Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said the milestone is another landmark of the renewed hope agenda of President Bola Ahmed Tinubu, GCFR.

He thanked Nigerians for their patience and the trust they have in NNPC Ltd.’s ability to deliver on this huge project.

In his address, the Minister of State for Petroleum (Gas), Rt. Hon. Ekperikpe Ekpo, said re-streaming the Refinery will herald a good omen for the nation’s Liquefied Petroleum Gas (LPG) industry, as LPG, also known as cooking gas, is a major bye-product of the Refinery.

Also speaking, the Managing Director of Tecnimont Nig. Ltd., Fabio Del Cioppo, one of the EPC Contractors of the Rehabilitation Project, said his company remains committed to fulfilling the terms of the contract.

The PHRC rehabilitation project, which costs about $1.5bn, is an EPCIC project that covers Engineering, Procurement, Construction, Installation, and Commissioning phases.

For Area 5, the Engineering, Procurement, Construction, and Installation have all been completed. The mechanical completion signifies the closure of the Construction and Installation phases.

 

More importantly, the milestone was achieved under an excellent Health, Safety and Environment (HSE) record, which stood at over 9.5 million manhours with zero Loss Time Injury (LTI).

Share This
Openlife Reporter

Recent Posts

Peter Obi’s 2027 Manifesto: “From Farm To Factory” — Mapping Northern, Southern Nigeria For Agriculture And Industrialization

Peter Obi has unveiled his 2027 "Farm-to-Factory" manifesto, mapping Northern Nigeria for large-scale agriculture and…

21 hours ago

Abeokuta-Ibadan Highway  Now A Death Trap For Road Users, Officers At Police Headquarters, FUNAAB And FCE Students

48 years after Obasanjo commissioned it, the old Abeokuta-Ibadan road is now a death trap…

2 days ago

How My Alleged “Fake” Agency Was Established—Nwabueze Buchi George Reveals More

Nwabueze Buchi George has shared a purported SGF appointment letter after President Tinubu ordered his…

2 days ago

As Erosion Threatens Nigeria’s Administrative Heartbeat In Asokoro, Maitama, Stakeholders Call For Urgent Large-Scale Engineering Works

Floods have hit Asokoro, Maitama and Guzape, forcing residents and stakeholders to demand urgent drainage…

2 days ago

Eugene Ebenyi, Member, Forum For African Journalists, Appointed Into Ebonyi Library Board, Hails Nwifuru As Education-Friendly Governor

FAJ member Eugene Ebenyi has been inaugurated into the Ebonyi State Library Board. He described…

3 days ago

Geregu Power Plant, One Of Nigeria’s Electricity Grid Suppliers, Trapped In N40 Billion Bond Dispute As New Chairman Seeks Reimbursement From Otedola

Geregu Power, a 435MW plant supplying Nigeria’s grid, is caught in a N40.09bn bond dispute.…

3 days ago

This website uses cookies.