Connect with us

Hi, what are you looking for?

Oil and Gas

NNPCL: No Bulk Sales Yet for Port Harcourt Refinery Products

Olufemi Soneye, Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL) 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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Entertainment

Big Brother Naija is set to make a grand return for its landmark 10th season, promising even more excitement and drama for fans across...

News

World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025, attributing the anticipated decline to the Central Bank of...

News

Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentence of Babatunde Peter Olaitan and Tobilola...

News

Mastercard Economics Institute (MEI) has released its annual Travel Trends 2025 report, revealing the latest consumer spending insights and motivation when it comes to...