Over 470,000 barrels of crude oil have delivered to Port Harcourt Refining Company Limited (PHRC) by the Shell Petroleum Development Company (SPDC Limited), the multinational has confirmed.
The was disclosed in a statement signed by Shell’s Media Relations Manager, Abimbola Essien-Nelson, over the weekend.
The delivery was done in order to further the Federal Government’s commitment to increase the availability of petroleum products in the country through increased domestic refining capacity.
“Teams from BOGT and PHRC worked through intensive preparations, collaboration, and dedication to make the project successful. This is indeed a significant step in the nation’s renewed efforts to utilise key infrastructures to assure the steady supply of products from the refining company to the Nigerian market,” the SPDC chair and managing director said.
Okubor explained that “Future supplies from BOGT would be guided by the demand for the product.”
Reacting to the development, the Installation Manager at the Bonny Terminal, Osita Nnajiofor, said “Before implementing the supplies of the product to the refining company, the project teams first assured the integrity of pipelines relevant to NNPC Limited subsidiaries and integrity and maintenance activities on the BOGT refinery export pumps (which had been shut down for an extended period).”
He added that “These actions resulted in the successful and safe completion of the refinery supply with no harm to people, environment, or equipment.”
“The recommencement of crude oil supply from the Bonny Oil and Gas Terminal to the Port Harcourt Refining Company Limited is a significant achievement and a game-changer for the industry and the country and will support federal government’s aspiration of steady supply of petroleum products to the downstream market and other associated benefits to the economy of the nation.”
Port Harcourt Refinery
The Port Harcourt Refinery is one of the four government-owned refineries in the country that has been inactive for some time in the South-south state of Rivers.
The federal government has been making efforts to revive in order to reduce the nation’s dependency on gasoline imports, which has negatively impacted the country’s currency over the years.