NNPC Ltd seeks operators for Port Harcourt refining company

January 16, 2024

The Nigeria National Petroleum Company, NNPC Ltd is seeking to engage reputable and credible Operations and Maintenance (O&M) companies to operate and maintain the Port Harcourt Refining Company (PHRC).

In a public notice in Monday, the NNPC said this is to ensure reliability and sustainability towards meeting the nation’s fuel supply and energy security obligations for the refinery which is expected to begin production in the first quarter of this year, the company said.

The PHRC which is undergoing an upgrade, will begin by processing 60,000 barrels per day (bpd), and NNPC expects to operate at the full capacity of 210,000 bpd later this year.

NNPC noted further that prospective operators should have a turnover of at least $2 billion since 2019, evidence of their latest credit rating and experience in running refineries.