FG says Port Harcourt refinery will begin refining 60,000 bpsd by Q1 2023

Mr Timipre Sylva, minister of state for petroleum resources, has said the Port Harcourt refinery will resume operations by the first quarter of 2023.

Sylva who spoke while fielding questions from journalists shortly after the facility tour in Eleme, Rivers, on Tuesday, said the plant would refine 60,000 barrels of crude per stream day (bpsd) when it resumes operations.

“This project kicked off second quarter last year, and where they are now is quite impressive. It is on schedule.

“The commitment is to deliver 60,000 barrels per day from this refinery by the first quarter of next year, and, of course, we are quite happy.”

He assured that the Federal Government would end all forms of illegal oil bunkering going on in the Niger Delta, adding that modular refinery programme of the FG was also on course, urging people to take advantage of the programme.

“When people begin to equate modular refinery with the criminality that is going, I think they don’t go together,” he said.

“The criminality should be taken on. What is going on in Port Harcourt and some of these areas causing problem is a criminal activity, and we cannot legalise that criminal activity.

“We must stop that activity by law enforcement and that has started. The programme of starting a modular refinery had always been on.

“Any law-abiding Nigerian who wants to invest in this area can access funding and the licenses from the federal government.”

In 2021, the Nigerian National Petroleum Company (NNPC) Limited commenced the rehabilitation of the refinery, after the Federal Executive Council, FEC, approved $1.5 billion for the project.

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