Nigerian National Petroleum Company fulfils promise, delivers Port Harcourt Refinery
The Nigerian National Petroleum Company (NNPC) Limited on Thursday said it has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC).
Penpushing reports that the Chief Corporate Communications Officer, of the company Olufemi Soneye made this known in a statement explaining that rehabilitation has been ongoing at the Refinery for over two years and the company 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.
The statement added that the Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Mr. Mele Kyari, speaking during an inspection tour of the rehabilitation project, which also coincided with the 15th Refineries’ Rehabilitation Steering Committee Meeting, 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.
Penpushing further reports that the Group Chief Executive Officer commended the establishment staff and the EPCIC contractors for doing a great job in ensuring that the refinery achieved that significant milestone.
The Chairman of Nigerian National Petroleum Company (NNPC) Board Chief Pius Akinyelure in his remarks 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.
Penpushing also reports that 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
The Minister thanked Nigerians for their patience and the trust they have in Nigerian National Petroleum Company (NNPC) Limited’s ability to deliver on this huge project.
Penpushing reports that 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 Liquefied Petroleum Gas (LPG), also known as cooking gas, is a major bye-product of the Refinery.
The Managing Director of Tecnimont Nigeria Limited, Fabio Del Cioppo, one of the EPC Contractors of the Rehabilitation Project, in his contributions 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).
FOOTNOTE: You want to share story with us? You want to advertise with us? You need publicity for product, or service, or event? Contact us on WhatsApp +2348073463653 or email [email protected]
