The Shell Petroleum Development Company of Nigeria Limited has announced the successful completion of the supply of 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited.
This initiative is in alignment with the Federal Government’s commitment to enhancing domestic refining capacity and improving the availability of petroleum products in the country.
According to a statement by Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, the company, through its Bonny Oil & Gas Terminal, concluded the supply process.
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Essien-Nelson highlighted that the resumption of supply occurred after a hiatus of over five years, during which the Port Harcourt refinery underwent rehabilitation and integrity activities on its supply pipeline from the Bonny Oil & Gas Terminal.
Dr. Osagie Okunbor, the Country Chair of Shell Companies in Nigeria and Managing Director of Shell Petroleum Development Company of Nigeria Limited, expressed satisfaction with the collaborative efforts between BOGT and PHRC teams, emphasizing the significance of the initiative in ensuring a consistent supply of products to the Nigerian market.
Okunbor further indicated that future supplies from BOGT would be determined by market demand, while Osita Nnajiofor, the Bonny Terminal Installation Manager, underscored the importance of ensuring pipeline integrity and maintenance activities to guarantee the safety and success of the refinery supply project.
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The recommencement of crude oil supply from the Bonny Oil and Gas Terminal to the Port Harcourt Refining Company Limited marks a milestone achievement with potential positive impacts on the industry and the nation’s economy, aligning with the Federal Government’s objective of a steady supply of petroleum products and associated economic benefits.