Close Menu
    What's Hot

    Senate gives NNPCL Deadline to Explain N210trn Audit Queries

    April 16, 2026

    XRP Climbs to $1.39 as Solana X Post Fuels Speculation

    April 16, 2026

    Naira Holds at N1343 Per Dollar, Gains Few Pips

    April 16, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, April 16
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketForces News - NNPCL Seeks Investors to Manage Port Harcourt Refinery
    News

    NNPCL Seeks Investors to Manage Port Harcourt Refinery

    Marketforces AfricaBy Marketforces AfricaJanuary 16, 2024Updated:January 16, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Nnpcl Seeks Investors To Manage Port Harcourt Refinery
    Share
    Facebook Twitter Pinterest Email Copy Link

    NNPCL Seeks Investors to Manage Port Harcourt Refinery

    The Nigerian National Petroleum Company Limited (NNPCL), has called for managers of refineries worldwide especially those who have maintained at least a $2 billion yearly turnover in the last four years to take control of the newly renovated Port Harcourt Refinery.

    The facility which was rehabilitated for $1.5 billion, has old and new units. The old plant has a refining capacity of 60,000 barrels per day (bpd) while the new plant with 150,000 bpd combines a 210,000 bpd capacity.

    In an Expression of Interest (EOI) posted on its website, NNPCL noted that the financial details of the organisations must be audited in the last four years, while they must have experience working in Nigeria and other African countries as a record of local content compliance.

    The company said the contract would be long-term and short-term production/operations planning, production and operations execution, monitoring, reporting and optimisation of operations, maintenance planning (short-term), maintenance execution, reliability and inspection.

    It added that the lucky firm would also process and undertake engineering quality control, quality assurance and laboratory, specialist engineering, health and safety, environmental management, turnaround maintenance planning and execution, minor projects, non-hydrocarbon procurement and sub-contractor management.

    NNPCL has earlier announced the mechanical completion of rehabilitation of the unit which would process 60,000 barrels per day. The unit is to produce an estimated 10.2 million litres of Premium Motor Spirit (APMS) daily. Naira Rises by 19% as Forex Market Pressures Ease

    A spokesperson for the company, Femi Soneye, had said the test run would be completed this month. “Testing will conclude shortly, ensuring the refinery’s efficient operation. That phase will be completed this month,” he promised. #NNPCL Seeks Investors to Manage Port Harcourt Refinery

    NNPC NNPCL PHC REFINERY
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    News

    Senate gives NNPCL Deadline to Explain N210trn Audit Queries

    April 16, 2026
    News

    XRP Climbs to $1.39 as Solana X Post Fuels Speculation

    April 16, 2026
    FX Market

    Naira Holds at N1343 Per Dollar, Gains Few Pips

    April 16, 2026
    News

    NGX Index Soars, ARADEL, AIRTEL Drive N2.3trn Gain

    April 15, 2026
    News

    Nairobi Securities Exchange Rises as TotalEnergies, Eaagads Rally

    April 15, 2026
    Cryptocurrency

    XRP Price Rises on Japanese E-commerce Rakuten Pay Integration

    April 15, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Senate gives NNPCL Deadline to Explain N210trn Audit Queries

    April 16, 2026

    XRP Climbs to $1.39 as Solana X Post Fuels Speculation

    April 16, 2026

    Naira Holds at N1343 Per Dollar, Gains Few Pips

    April 16, 2026

    NGX Index Soars, ARADEL, AIRTEL Drive N2.3trn Gain

    April 15, 2026
    Latest Posts

    Senate gives NNPCL Deadline to Explain N210trn Audit Queries

    April 16, 2026

    XRP Climbs to $1.39 as Solana X Post Fuels Speculation

    April 16, 2026

    Naira Holds at N1343 Per Dollar, Gains Few Pips

    April 16, 2026

    NGX Index Soars, ARADEL, AIRTEL Drive N2.3trn Gain

    April 15, 2026

    Nairobi Securities Exchange Rises as TotalEnergies, Eaagads Rally

    April 15, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Senate gives NNPCL Deadline to Explain N210trn Audit Queries

    April 16, 2026

    XRP Climbs to $1.39 as Solana X Post Fuels Speculation

    April 16, 2026

    Naira Holds at N1343 Per Dollar, Gains Few Pips

    April 16, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.