Business
Port Harcourt Refinery Yet To Commence Bulk Sales – NNPCL
The Nigeria National Petroleum Company Limited, NNPCL, says the Port Harcourt Refining Company, PHRC, has not yet begun bulk sales, stating that essential processes are still being finalized.
The Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, made this known in a statement on Friday.
According to him, the products the refinery currently sells originate from the Dangote Refinery and it include applicable fees by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.
“Products from PHRC are exclusively for our retail stores at this stage. Our pricing is reviewed and adjusted periodically as necessary to reflect operational realities,” the statement read.
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NNPCL also urged the public to disregard any misleading information regarding pricing, adding that official announcements will be made if and when price reviews occur.
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