Nigerian National Petroleum Company Limited (NNPC Ltd)

Port Harcourt Refinery operating at 70% capacity – NNPC

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Port Harcourt Refinery operating at 70% capacity – NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd) on Tuesday said the old Port Harcourt refinery is currently operating at 70 per cent of its installed capacity, with plans to ramp up to 90 per cent. Olufemi Soneye, the chief corporate communications officer of NNPC Ltd, disclosed this in a statement on Tuesday. The NNPC … Read more

Subsidy removal will discourage cross-border smuggling – Kyari

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Subsidy removal will discourage cross-border smuggling – Kyari

The removal of petrol subsidy in Nigeria has effectively eliminated the incentives enjoyed by smugglers, Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd), Mele Kyari, has said. Mr Kyari, who spoke in an interview with Channels TV on Sunday, explained that the subsidy created a price disparity between Nigeria and its … Read more