Some stakeholders in oil and gas industry have commended the Federal Government for revamping the Port Harcourt Refinery, expected to begin partial operation in the first quarter of the year.
The stakeholders who spoke with the News Agency of Nigeria (NAN) in Lagos on Thursday, also lauded the initiative geared towards eliminating fuel importation.
NAN reports that the Minister of State for Petroleum, Mr Timipre Sylva, on Jan. 9, revealed that the rehabilitation of the 60,000 bpd refinery was nearing completion and would become operational in the first quarter of the year.
Sylva made this known while giving an update on the Port Harcourt Refineries during the Ministry of Petroleum Resources 2022 scorecard in Abuja.
NAN also reports that Port Harcourt Refineries comprise two units, with the old plant having a refining capacity of 60,000 barrels per day (bpd) and the new plant 150,000 bpd, both summing up to 210,000 bpd.