PORT HARCOURT REFINERY – REOPENING DOES NOT DRIVE FUEL PRICES DOWN, SUBSIDY DOES
14 days ago
The PH refineries – one at 60,000 and the other at 150,000 capacity total at 210,000bpd. Reopening and commercializing both would be a step in the right direction for Nigeria’s refinery management.
Port Harcourt Refinery Reopens Without Subsidy
Local fuel refining has never been effective in lowering the cost of fuel prices but the drop in international price of crude oil below an affordable level.