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Nigeria’s Port Harcourt oil refinery to complete test run this month

Nigeria’s Port Harcourt oil refinery to complete test run this month

NIGERIAN state-owned oil firm NNPC Ltd will complete test runs at the Port Harcourt refinery in the south this month, in a major step towards resuming operations five years after the plant was shut, the company said. "Testing will conclude shortly, ensuring the refinery's efficient operation. That phase will be completed this month," NNPC spokesperson Femi Soneye said. The refinery, which is undergoing an upgrade, will begin by processing 60,000 barrels per day, and NNPC expects to operate at the full capacity of 210,000 barrels per day later this year. Port Harcourt is among Nigerian state-owned refineries that have been…
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OpEd: Dangote’s Lagos refinery pits climate concerns against economic imperatives

OpEd: Dangote’s Lagos refinery pits climate concerns against economic imperatives

AZU ISHIEKWENE FOR BIRD STORY AGENCY WHEN Africa’s richest man, Aliko Dangote, was dealt a bad hand in a failed transaction, he didn’t give up. Instead – slowly, steadily – he exacted his revenge. His reward? Not a pound of flesh, but millions of barrels of liquid black gold. In 2007 Bluestar, a Dangote-led consortium paid US$721 million for the moribund Port Harcourt and Kaduna Refineries. Months later President Umaru Musa Yar’Adua’s government decided to reverse the sale. The decision was driven by a labour strike and labour groups’ insistence that the refineries (which were only producing at about 20% of their…
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