NNPC Signs $1.5billion Contract For Rehabilitation Of PH Refinery

The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on Tuesday with the signing of the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for the rehabilitation of the 210,000 barrels per day capacity Port Harcourt Refinery in Alesa-Eleme, Rivers State.

PHRC EPC Rehabilitation Contract Tender Separating Facts From Fiction

The Management of the Nigerian National Petroleum Corporation (NNPC) wishes to condemn in the strongest term possible, the unwarranted attack on the well-conceived and appropriately articulated rehabilitation programme of the nation’s refineries by some nondescript characters under the questionable cognomen of “Buharites Solidarity Project” just to attract undue attention and relevance.

NNPC Clarifies Increase In PMS Ex-Coastal, Ex-Depot Price Of PMS

The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively and wishes to clarify that although there was a slight increase in the price based on the prevailing realities of market forces of demand and supply, the correct prices, as can be seen on PPMC’s “Customer Express” platform (online portal for procurement of petroleum products) are: Ex-Coastal Price – N128, and Ex-Depot Price (with collection) – N153.17.