Port Harcourt Refinery Petrol Only For NNPCL Outlets For Now

Petroleum products from the Port Harcourt Refinery Company (PHRC) are exclusively for the Nigerian National Petroleum Company Limited (NNPCL) for now, the oil giant said yesterday.

The products – petrol, diesel and kerosene – are for retail outlets operated by the NNPCL, Chief Corporate Communications Officer, Olufemi Soneye, said.

Production of products resumed at the PHRC in Eleme, Port Harcourt, River State on Tuesday with an assurance to roll out at least 200 trucks daily.

But Soneye said the refinery was yet to begin bulk sales of its products and that it was yet to open its purchase portal.

The clarification came on a day the Petroleum Products Retail Outlet Owners Association of Nigeria  (PETROAN) said its members were awaiting the new petrol price template from the refurbished PHRC.

According to Soneye, the NNPCL has not fully dispensed the product it procured from the Dangote Refinery and Petrochemicals.

The statement reads: “We have not yet commenced bulk sales, and we have not yet opened the purchase portal as we are still finalising the necessary processes.

“At present, the products we are selling are what we bought from the Dangote Refinery, which includes Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fees.

“The product from Port Harcourt is currently for our retail stores. Our prices are regularly reviewed and adjusted as required.”

Yesterday, PETROAN, through its National President, Dr. Billy Harry, said the NNPCL was yet to fix new rate.

The association said: “The National Headquarters of Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) Abuja would like to inform the media and the general public that no new price for PMS has been released by the NNPCL Port Harcourt Refinery.

“Members of PETROAN only bought PMS with the old pricing template awaiting new prices. We are excited that the production and loading of refined petroleum products have commenced at the Port Harcourt Refinery and we are expectant that soon the price of PMS will be stated by NNPC to the benefit of Nigerians.”