Federal Government Announces 77.4% Completion of Port Harcourt Refinery Rehabilitation

The federal government has disclosed that the Port Harcourt Refining Company (PHRC) is presently 77.4% completed, fulfilling its commitment to achieving mechanical completion of rehabilitation work on the Area 5 Plant of the refinery.

According to the Nigerian National Petroleum Company (NNPC) Limited, as of December 15th, 2023, 84.4% of Area 5 Plant and 77.4% of the entire rehabilitation project have been successfully completed. The rehabilitation project, ongoing for over two years, reached Phase One’s mechanical completion and flare start-up on the Old Port Harcourt Refinery (Area 5) as pledged by NNPC Ltd. by December 31, 2023.

During an inspection tour coinciding with the 15th Refineries’ Rehabilitation Steering Committee Meeting, Mr. Mele Kyari, the Group Chief Executive Officer of NNPC Ltd., expressed satisfaction, stating, “Today, we have kept those commitments.” Kyari commended NNPC Ltd.’s staff and EPCIC contractors for their dedication to achieving this milestone.

Pius Akinyelure, Chairman of NNPC Ltd. Board, described the achievement as “historic,” expressing pride in the staff and management of the refinery. The minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, acknowledged this milestone as part of President Bola Ahmed Tinubu’s renewed hope agenda.

The re-streaming of the refinery is expected to positively impact the nation’s Liquefied Petroleum Gas (LPG) industry, as LPG, a major by-product, plays a crucial role in the project. Fabio Del Cioppo, Managing Director of Tecnimont Nig. Ltd, one of the EPC Contractors, reiterated the commitment to fulfilling the contract terms.

The PHRC rehabilitation project, costing approximately $1.5 billion, covers Engineering, Procurement, Construction, Installation, and Commissioning phases. The milestone was achieved with an outstanding Health, Safety, and Environment (HSE) record of over 9.5 million manhours with zero Loss Time Injury (LTI).

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