Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: Port Harcourt refinery: PENGASSAN debunks shutdown rumors, affirms full operations
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 » Port Harcourt refinery: PENGASSAN debunks shutdown rumors, affirms full operations
Business

Port Harcourt refinery: PENGASSAN debunks shutdown rumors, affirms full operations

Christian Appolos
December 3, 2024
Share
Port Harcourt Refinery
Add as a preferred source

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has affirmed that the Port Harcourt Refinery is fully operational, dispelling rumors about its functionality.

PENGASSAN President, Comrade Festus Osifo, confirmed the refinery’s active status during a National Executive Council (NEC) meeting in Abuja.

He explained that crude oil is processed in the Crude Distillation Unit (CDU) to produce diesel, kerosene, and naphtha, with final adjustments being made to the unit that processes naphtha into Premium Motor Spirit (PMS).

To produce PMS in the interim, the refinery blends naphtha with Crack C5 from Indorama, a process consistent with global refining standards.

Osifo highlighted the importance of accountability, especially during the refinery’s Turnaround Maintenance (TAM), where PENGASSAN and NUPENG ensured funds were placed in an escrow account to prevent political interference.

He praised the Nigerian National Petroleum Corporation Limited (NNPCL) for its commitment and called for similar measures to be implemented for the rehabilitation of refineries in Warri and Kaduna.

ALSO READ:Side hustles that are booming in Nigeria right now

He also voiced concerns about the proposed tax reform bill, warning that certain provisions could negatively impact the oil and gas sector, particularly regulatory bodies like the Nigeria Upstream Regulatory Commission (NUPRC) and the Nigeria Mid and Downstream Petroleum Regulatory Authority (NMDPRA).

Osifo called for expanded tax exemptions and comprehensive public hearings to ensure the bill’s provisions do not harm the industry.

While acknowledging past disappointments, Osifo reiterated that the Port Harcourt Refinery is indeed operational, emphasizing the importance of tangible outputs such as the production of AGO, kerosene, and PMS.

He also advocated for the privatization of remaining refineries under a sustainable framework, proposing the adoption of the Nigeria LNG (NLNG) privatization model for long-term efficiency.

Osifo concluded by reaffirming PENGASSAN’s commitment to transparency, urging Nigerians to remain vigilant and continue holding the government accountable for the effective management of national resources.


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:PENGASSANPortharcourt refinery
Previous Article PPPs: South African envoy South Africa relaxes visa rules for Nigerians
Next Article Nigeria, South Africa set deadline to sign crisis early warning MoU

Most Read

  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • BREAKING: FG approves N70,000 monthly transport allowance for workers
    BREAKING: FG approves N70,000 monthly transport allowance for workers
  • Makinde directs release of Mapo Hall premises to APC
    Makinde directs release of Mapo Hall premises to APC
  • TUC rejects FG’s N70,000 transport allowance for workers
    TUC rejects FG’s N70,000 transport allowance for workers
  • 4 tactics fuel attendants use to give customers less fuel
    4 tactics fuel attendants use to give customers less fuel
  • ‘Ministers paid billions to get appointment’
    ‘Ministers paid billions to get appointment’
  • Sunday Igboho launches Iru Ekun in Oyo
    Sunday Igboho launches Iru Ekun in Oyo
  • CDCFIB recruitment reaches final stage as candidates get important notice
    CDCFIB recruitment reaches final stage as candidates get important notice
  • 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
  • JUST IN: Tinubu to depart Abuja for Makkah to pray for Nigeria
    JUST IN: Tinubu to depart Abuja for Makkah to pray for Nigeria

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?