In a move to curtail the current fuel scarcity plaguing the country, The Federal Government and stakeholders in the Petroleum industry have begun implementing plans to extract five million liters of petrol daily from the two refineries in Port Harcourt, Rivers State
Following the shutdown of the 210,000 daily barrel supply by the refinery owing to the collapse of one of the columns of the crude distillation unit and the inadequate supply of PMS by petroleum marketers, the scarcity situation in the country had worsened over the past 2 weeks. However, with the completion of repair works on its crude distillation unit, the Port Harcourt Refining Company will resume operations this week
With the urgent need to abate the fuel crises in the country, the PHRC hastened repairs, hiring over 150 host community youths and inviting inspectors from Warri Refinery & Petrochemical Company (WRPC) and Kaduna Refinery & Petrochemical Company (KRPC) for support management took the challenge directly by repairing defective parts, while utilizing over 150 host community youths in the process that conforms with existing community empowerment commitments.
Though oil marketers have resumed importation of PMS into the country, stakeholders urge the government to work towards returning the Nigerian refineries to full capacity and ensure new refineries are built and the downstream sector is deregulated.