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Shell’s oil supply resumes to Port Harcourt refinery in Nigeria
The latest development comes after Nigeria’s state oil company NNPC sought operators for the Port Harcourt refinery in January 2024. The refinery in Nigeria is anticipated to commence operations within the first quarter of this year, following a significant revamp. The Port Harcourt facility, a dual-unit plant, is set to initially start processing 60,000bopd. Plans are in place to increase production to the plant’s full capacity of 210,000bopd later this year. Shell Bonny oil terminal manager Osita Nnajiofor was cited by the news agency as saying that a shipment of 475,000 barrels of oil was delivered by the ... (full story)
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- Posted: Feb 13, 2024 3:17am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 281
