As Nigerians reflect on the outgoing year, 2024 may be remembered as the period with the most significant developments in the country’s oil and gas sector.
The Port Harcourt Refining Company operates two refineries: the old plant, with a capacity of 60,000 barrels per stream day , and a new facility, with 150,000 bpsd — bringing the refinery’s combined crude processing capacity to 210,000 bpsd.The NNPC said 2.1 million litres daily volume of low-pour fuel oil would also be produced at the refinery, noting that additional volumes of liquefied petroleum gas would be refined at the plant.
Petroleum products imports from Malta grabbed the headlines on July 22 when Dangote alleged that some officials of the NNPC, oil traders, and terminals,
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