Nigerian National Petroleum Company Clarifies Price Template for Port Harcourt Refinery

The Nigerian National Petroleum Company has clarified that it is yet to unveil a price template for Port Harcourt Refinery's petroleum products. This comes as petroleum marketers vowed to boycott the revived Port Harcourt refinery if the price of its petroleum products is not cheaper than that of Dangote refinery or imported ones.

Ukadike said that it is when NNPC reviews its ex-depot price template that IPMAN members will commence loading at Port Harcourt Refinery. 'With the Portharcourt refinery now working, we are anticipating that any moment from now, NNPC will give us its price. 'Once NNPC releases its price, we will start loading from NNPC. That is subject to whether it is cheaper than that of Dangote. “The last NNPC price was N1,040 and N1,045 per litre.

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Nigerian National Petroleum Company Increases Old Port Harcourt Refinery Capacity to 70 PercentThe Nigerian National Petroleum Company (NNPC) has announced that the old Port Harcourt refinery is operating at 70 percent of its capacity and plans to increase this to 90 percent. The refinery is now producing various petroleum products including petrol, kerosene, diesel, and LPG.
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