NNPCL : Port Harcourt Refinery yet to begin bulk sales, says current products sourced from Dangote

The Nigerian National Petroleum Company Limited (NNPCL) has clarified that the Port Harcourt Refining Company (PHRC) has not yet begun bulk sales or opened its purchase portal, as critical processes are still being finalized.

This was disclosed in a statement on Friday by NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye.

According to Soneye, the refinery’s current product sales are sourced from the Dangote Refinery, incorporating applicable fees determined by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

“Products from PHRC are exclusively for our retail stores at this stage. Our pricing is reviewed and adjusted periodically as necessary to reflect operational realities,” the statement read.

NNPCL further urged the public to disregard misinformation about pricing, assuring that any changes will be officially communicated when necessary.

This update follows public anticipation of PHRC’s full operations as the company works to streamline its systems.

Meanwhile, NNPCL recently addressed reports about the refinery’s capacity. The company confirmed that the facility is operating at 90% capacity, countering claims made by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), which had stated that operations were at 70%.

In a statement signed by its spokesperson Joseph Obele, PETROAN acknowledged that the functional unit currently in operation is the old refinery, with a processing capacity of 60,000 barrels per day. The newer Port Harcourt refinery, with a capacity of 200,000 barrels per day, is still undergoing rehabilitation and is expected to begin production soon.

Both refineries are located within the same complex in Alesa Eleme, Rivers State.