April 2023 completion of $1.5bn PH refinery repairs achievable – Reps committee

1 month ago

The House of Representatives Committee on Petroleum Resources Downstream has said the April 2023 completion of repairs on the $1.5billion Port Harcourt refinery was achievable.

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This is as the committee charged all stakeholders to give their maximum support to ensure that the rehabilitation continues unhindered.

The House Committee Chairman, Abdullahi Gaya, stated this during the committee’s visit to the Port Harcourt Refinery Company in Eleme, Rivers State, as part of its oversight function on Tuesday.

Gaya stated, “So far so good, we are here to see what the management of the refinery has done. Even though they said within 24-months they will be able to complete.

“We hope within that period they will be able to finish it, but we promise ourselves in the next three months we will come back and see the progress for ourselves.

“When we came here in 2020, there was nothing and we promised that we were going to do something and we have done it. We are here to see if the stakeholders have any complaint in respect of the job that they have done, they should tell us,

“So we pray that next time when we come, we will see additional progress.

“The Committee carried out intensive oversight with a very thorough investigation on turnaround maintenance, where views, opinions of the operators based on their observations and experiences were sought to discover all the refinery with the view of providing a lasting solution to the problem.

“This refinery was carefully and expertly selected to be the first refinery to be suitably rehabilitated in line with the promise of the committee.

“The Petroleum Industry Bill had now been accented to by Mr. President, Muhammadu Buhari where he directed the implementation of the Act within a year.”

Gaya said the President’s order will assist in gaining the independence of the petroleum downstream sector

inline with international best practices and attract both local and foreign investors as well as the attendant benefits including job creation.

The Managing Director of the Port Harcourt refinery, Ahmed Dikko, while speaking with newsmen, said a lot of grounds have so far been covered, pointing out that the timeline was feasible.

“You have seen it yourself the project has just started and we are putting our energies around all the refinery which we promised we will complete the first phase within 24-months.

“We have covered a lot of grounds to reach where we are today and make sure we meet that obligation to complete the whole refinery within 44 months, while we still working on other parts of the refinery.

“The April 2023 target of the rehabilitation of the refinery is achievable,” Dikko added.

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