• About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 31, 2025
Bislad News
  • Login
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports
No Result
View All Result
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports
No Result
View All Result
Bislad News
No Result
View All Result

Port Harcourt Refinery Comes Alive As NNPC Ltd Fulfils Promise

by Bisi Bamishe
December 21, 2023
in News
Port Harcourt Refinery Comes Alive As NNPC Ltd Fulfils Promise
Share this:

By Bisi Bamishe

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).

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).

 

Read Also:

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited

The Commission Will Not Be Held Liable For Sharing Of Personal Data – NIMC Warms Nigerians

Previous Post

Fostering Equality And Social Justice At Global Black Impact Summit 2024

Next Post

Insurfeel: NCRIB LAC Procures N15.3m Insurance Policies For Winners Of Secondary Schools Quiz Competition

Bisi Bamishe

Bisi Bamishe

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

Related Posts

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited
News

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited

July 30, 2025
The Commission Will Not Be Held Liable For  Sharing Of Personal Data – NIMC Warms Nigerians
News

The Commission Will Not Be Held Liable For Sharing Of Personal Data – NIMC Warms Nigerians

July 27, 2025
Heavyweights Battle For $100,000 ln The Nigeria Prize For Literature 2025
News

NLNG Deepens Educational Commitment With New Investments In Rivers State

July 27, 2025
Heavyweights Battle For $100,000 ln The Nigeria Prize For Literature 2025
News

Heavyweights Battle For $100,000 ln The Nigeria Prize For Literature 2025

July 24, 2025
One Year ln Office: My Achievements As DG Of NIMC – Coker-Odusote
News

MUST READ : Remarks By NIMC Director General At Roundtable Talk With Online Publishers

July 18, 2025
NSML Wins Maritime Excellence Award, Reaffirms Commitment To Capacity Building 
News

NSML Wins Maritime Excellence Award, Reaffirms Commitment To Capacity Building 

July 18, 2025
Next Post
NCRIB Lagos Area Committee, Insurfeel Initiative Partner On Donation Of Insurance Policies To Students

Insurfeel: NCRIB LAC Procures N15.3m Insurance Policies For Winners Of Secondary Schools Quiz Competition

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited

11 hours ago
NAICOM Board Approves New Operational Structure For The Commission

NAICOM Issues Guidelines For Insurtech Operations ln Nigeria.

20 hours ago
The Commission Will Not Be Held Liable For  Sharing Of Personal Data – NIMC Warms Nigerians

The Commission Will Not Be Held Liable For Sharing Of Personal Data – NIMC Warms Nigerians

3 days ago
Heavyweights Battle For $100,000 ln The Nigeria Prize For Literature 2025

NLNG Deepens Educational Commitment With New Investments In Rivers State

4 days ago

Bisladnews.com is an online publication of Bislad Communication Network Company. It is a news platform dedicated to providing top news.

Follow Us

Browse by Category

  • Back in the days
  • Business
  • Features
  • Insurance
  • Interview
  • News
  • Opinion
  • Paper Presentation
  • Pension
  • Photo Gallery
  • Politics
  • Sports
  • Uncategorized

Recent News

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited

Nigeria’s Port Harcourt Refinery Not for Sale—NNPC Limited

July 30, 2025
NAICOM Board Approves New Operational Structure For The Commission

NAICOM Issues Guidelines For Insurtech Operations ln Nigeria.

July 30, 2025
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports

©2024 - Bislad News

No Result
View All Result
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports

©2024 - Bislad News

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