Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: NNPCL seeks firms to operate, maintain Port Harcourt Refinery
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » NNPCL seeks firms to operate, maintain Port Harcourt Refinery
Business

NNPCL seeks firms to operate, maintain Port Harcourt Refinery

Adetola Bademosi
January 15, 2024
Share
Mixed reactions trail reconstitution of NNPCL NNPCL’s Utapate crude grade, illegal refineries connections destroyed
Add as a preferred source

The Nigerian National Petroleum Company Limited (NNPCL) has unfolded plans to engage credible operations and maintenance companies to operate and maintain the Port Harcourt refinery.

Bidding organisations are expected to have an average annual turnover of at least $2 billion for the financial years ending: 2019, 2020, 2021, and 2022, respectively.

According to the SA to President Bola Tinubu on Social media, Data Olusegun, the contract scope of engagement shall cover refinery business processes like long-term and short-term production/operations planning; production and operations execution; monitoring, reporting, and optimisation of operations; maintenance execution; health and safety; environmental management; minor projects among others.

The 210,000 bpd facility is expected to be fully renovated by the 4th quarter of 2024, with the first phase (60,000 bpd) now ready for production.

Meanwhile, seven major oil marketers in Nigeria have enrolled with the Dangote Petroleum Refinery to distribute refined petroleum products from the $20 billion plant.

Major Oil Marketers Association of Nigeria (MOMAN) members will initiate fuel distribution upon finalizing commercial terms.

Also, he disclosed that the Independent Petroleum Marketers Association of Nigeria (IPMAN) plans to discuss loading terms with the refinery.

MOMAN’s registered members, including 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc, and NNPC Retail, are poised to purchase and distribute products from the refinery, which can load 2,900 trucks daily and adheres to Euro V specifications.

“Dangote’s refinery design adheres to standards set by the World Bank, US EPA, European emission norms, and Department of Petroleum Resources emission/effluent norms, utilizing advanced technology.

“Likewise, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) noted that the association has been in discussions with the management of the multi-billion dollar refinery regarding the supply of products from the facility,” he said.

Speaking with the Nigerian Tribune on Monday in Abuja, the National Spokesperson of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike said the new development will foster competition and reduction in price of product.

“NNPCL has been the sole importer of Petroleum products who does not give anyone opportunity to be able to source their Petroleum products.

“The game has started, there must be competition and by this, price of Petroleum products will come down since the issue of logistics and vessel importation and dollar discounting and exchange will not come into play.

“With the capacity of the Dangote refinery, this can feed the nation and also remain for export. The National Executive Council is putting up efforts to ensure that we have one of the offtakers,” he said.

READ ALSO FROM NIGERIAN TRIBUNE 

  • FULL LIST: 45 visa-free countries Nigerian passport can travel in 2024
  • How my brother and I became professor same day in same varsity —UNILORIN don
  • ‘I expected N2,000 as my share from sale of human head we got at Saki cemetery’
  • Why Port Harcourt refinery is yet to start production—Soneye, NNPCL Chief Comm Officer
  • Fear women, fair women and Minister Ojo
  • What you should know about players in Nigerian 2024 AFCON team

 


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:NNPCLPort Harcourt refinery
Previous Article SUBSIDY, higher electricity fees OFFCUT: Remove subsidy, give us prepaid meters, Nigerians react to 700bn electricity subsidy
Next Article Electric cars outnumber petrol cars in Norway Is Nigeria Ready for the Adoption of Electric Vehicles (EVs)?

Most Read

  • We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
    We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
  • 24 bag first class as Augustine varsity holds 8th convocation
    24 bag first class as Augustine varsity holds 8th convocation
  • MMA2: Babalakin inspects facility ahead of regional operations
    MMA2: Babalakin inspects facility ahead of regional operations
  • Uche Ogbodo urges women to walk away from marriages that no longer work
    Uche Ogbodo urges women to walk away from marriages that no longer work
  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • The North’s self-destructive religious extremism
    The North’s self-destructive religious extremism
  • Afreximbank, APPO formally establish $5bn Africa Energy Bank
    Afreximbank, APPO formally establish $5bn Africa Energy Bank
  • Cecilia Okojie emerges Augustine University’s best graduating student
    Cecilia Okojie emerges Augustine University’s best graduating student
  • One of the robbers stabbed me in many places and my intestines poured out’
    One of the robbers stabbed me in many places and my intestines poured out’
  • Israel: Netanyahu’s bloc loses parliamentary majority
    Israel: Netanyahu’s bloc loses parliamentary majority

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?