The Federal government on Thursday kick started the rehabilitation of Port Harcourt refineries.
Speaking at the inauguration ceremony in Port Harcourt, Dr Maikanti Baru, Group Managing Director of NNPC, said the move was part of government’s effort to achieve 90 per cent local refining capacity.
The first refinery in port Harcourt was commissioned in 1965 to process 60,000 barrels of oil per stream day (bpsd), as well as the new plant commissioned in 1989, which has a capacity of 150,000 bpsd.
Both oil refineries possess a combined capacity of 210,000 barrels per stream day making it the “biggest oil refining company in Nigeria”
He said that the rehabilitation would be in two phases adding that both the ENI and the original builders would participate in the process.
” We appreciate the commitment of the managers of the port harcourt Refineries because you know how important NNPC attach to the revamping of the refinery for it to make impact and boost local refining.
” NNPC is committed to see it come back on stream,” he said.
He said that the refineries had not undergone any Turn Around Maintanance(TAM) since 2000.
“This project is in phases, this refinery has not done TAM since 2000, so, in this particular phase, we are essentially going to open up every equipment and also review every flow system that is here.