In a move aimed at boosting efficiency and productivity, the Nigerian National Petroleum Company Limited (NNPCL) is seeking to transfer the operations of the Port Harcourt Refinery to private entities.
This was disclosed in an expression of interest notice issued by the NNPCL on its website and shared on its X (formerly Twitter) page on Monday.
The Port Harcourt Refinery, which is in Rivers State, is one of the four refineries owned by the NNPCL. The refinery has a refining capacity of 210,000 barrels per day (bpd) but has been bedevilled by years of neglect and operational challenges.