Shell Boosts Nigeria’s Domestic Refining Capacity with 475,000 Barrels of Crude Oil to Port Harcourt Refinery

In a significant development for Nigeria’s domestic refining capacity, the Shell Petroleum Development Company of Nigeria Limited (SPDC) has completed the supply of 475,000 barrels of crude oil to the Port Harcourt Refining Company Limited (PHRC).

This move is in line with the Federal Government’s commitment to increase the availability of petroleum products in the country.

The SPDC’s contribution to the Port Harcourt Refinery will help boost local refining capacity, reducing Nigeria’s dependence on imported petroleum products.

This is a crucial step in the government’s efforts to ensure a stable and reliable supply of fuel for the nation.

The Port Harcourt Refinery, one of Nigeria’s four major refineries, has a combined installed capacity of 445,000 barrels per day.

The addition of Shell’s crude oil supply will contribute to the refinery’s ability to meet domestic demand and potentially reduce the need for imports.

As the Nigerian government continues to work towards increasing domestic refining capacity, the collaboration between Shell and the Port Harcourt Refinery represents a positive step forward.

This partnership will not only benefit the country’s energy sector but also contribute to the overall economic growth and development of Nigeria.

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