The Managing Director of the Port Harcourt Refining Company Limited, Ahmed Dikko, has assured that the rehabilitation of the Old Port Harcourt Refinery with a refining capacity of 60, 000 barrels per day would be completed and put to use by the first quarter of 2023.
He gave the assurance when the House of Representatives Ad-Hoc Committee on the state of the country’s refineries visited the facility in Rivers State for an on the spot assessment of the $1.5 billion dollar rehabilitation project of the facility.
Dikko said the Old Port Harcourt refinery, referred to as Area Five, would be the first of three phases of the project.
He said by the time the entire project is completed by the end of 2024, the facility would have a refining capacity of 210 bpd.
Dikko expressed confidence that they would stick to the timelines and within the cost approved for the project.
