NNPC Shares Pictures of Petrol from PH Refinery, Says It Is ‘Top Quality’, Advises Nigerians

NNPC Shares Pictures of Petrol from PH Refinery, Says It Is ‘Top Quality’, Advises Nigerians

  • NNPC has released pictures of its petrol products from Port Harcourt refinery, assuring Nigerians that they meet international quality standards
  • The oil company also said that its product is free from contaminants and safe for use despite reports of concerns
  • There remain concerns about the pricing of the PH refinery, which is reported to be more expensive than Dangote's

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Nigerian National Petroleum Corporation (NNPC) Limited has revealed that trucks load daily from the Port Harcourt Refinery plant.

This was disclosed by the spokesperson of NNPC, Olufemi Soneye, in a statement on his official X (formerly Twitter) account on Friday, November 29.

NNPC speaks on Port Harcourt refinery product as Nigeria grapples with fuel crisis
NNPC believes its product is among the best Photo credit: nnpclimited
Source: Getty Images

He also stated that petroleum products from the Port Harcourt refinery are “top quality".

NNPC begins loading of trucks with petrol product

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NNPC confirms Port Harcourt refinery blends petrol, crashes fuel prices further

Soneye's statement comes amid a claim that the refinery is neither refining crude oil nor loading trucks.

He dismissed the claims, adding that there are routine loading operations, with trucks being loaded regularly.

He, however, did not disclose the number of trucks being loaded daily at the refinery.

Soneye said:

“The Port Harcourt Refinery operates in strict compliance with global best practices, ensuring the production of top-quality petroleum products.
“Following the ceremonial truck load-out event, routine loading operations have progressed smoothly. Trucks are being loaded daily to maintain a consistent and dependable supply chain.
“We urge the public to disregard misleading information from predatory media outlets and purveyors of falsehoods, as PHRC remains committed to transparency, excellence, and meeting the nation’s energy needs”

PH refinery petrol price sparks debates

Controversies have been surrounding the petrol prices from the refinery, with marketers threatening to boycott it due to the cost compared to the Dangote refinery.

Read also

PH refinery speaks on new development after stopping operations amid new price announcement

Legit.ng reported that the petrol from the Port Harcourt refinery sells for N1,045 compared to the N970 per litre offered by the Dangote facility.

Fuel prices to change as petrol landing costs crash

Legit.ng previously reported that filling stations nationwide are anticipated to revise pump prices downward due to reduced fuel landing costs.

The landing cost of freighting fuel to Nigeria fell to N935.94 per litre, and aviation fuel crashed to N1,117.48 per litre.

This is according to data by the Major Energy Marketers Association of Nigeria (MEMAN).

Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.

Source: Legit.ng

Authors:
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Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.