PH Refinery Yet To Commence Bulk Sales – NNPCL

The Port Harcourt Refinery Company (PHRC) is yet to begin bulk sales of its products as essential processes are still being finalised.
Chief Corporate Communications Officer, Nigeria National Petroleum Company Limited (NNPCL), Olufemi Soneye, made this known in a statement, Friday.
Soneye stated that the products currently sold by the refinery originated from the Dangote Refinery, adding that it included applicable fees by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The statement said “products from PHRC are exclusively for our retail stores at this stage. Our pricing is reviewed and adjusted periodically as necessary to reflect operationl realities”.
NNPCL further urged the public to disregard any misleading information regarding pricing, stating that official announcement would be made if and when price reviews occur.
Meanwhile, activities of the refinery have been put on hold. This comes barely three days after the grand commissioning of the refinery at the Area 5 Terminal, last Tuesday.
The Tide gathered that the halted operations were due largely to a sabotage on the pipeline supplying products to the refinery.
However, “there is a temporary repair of the pipeline”, The Tide’s source revealed.
Some workers on site attributed the cessation to meter calibration activities which they said would last within a short while.

By: Lady Godknows Ogbulu