Business

Details emerge as PH Refinery products are for NNPCL

News Update

Port Harcourt Refinery products are exclusively for NNPCL retail outlets

THE Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, has revealed that products from the Port Harcourt Refinery Company (PHRC) are currently designated exclusively for NNPCL retail outlets. Speaking on Wednesday, November 27,

Soneye clarified that the refinery has not yet begun bulk sales of its products and that its purchase portal is still inactive.

He further explained that NNPCL continues to market products sourced from the Dangote Refinery and Petrochemicals, which also include Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fees.

“We have not yet commenced bulk sales, and we have not yet opened the purchase portal as we are still finalizing the necessary processes,” Soneye said.

“At present, the products we are selling are what we bought from the Dangote Refinery, which includes NMDPRA fees. The product from Port Harcourt is currently for our retail stores. Our prices are regularly reviewed and adjusted as required,” he added.

VAM News

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