The Minister of State, Petroleum Resources (Oil), Honourable Heineken Lokpobiri, yesterday took to his X to celebrate the mechanical completion of the Port Harcourt Refinery Company (PHRC), saying it marks a significant step towards domestic crude refining.
In his New Year’s message, he said the expected start of production from the refinery “followed by the finalisation of Warri and Kaduna refineries” would bring about the country’s self-sufficiency in refined petroleum products.
“In reflection, I commend our resilience in navigating the challenges of 2023 while our nation underwent crucial changes and our collective efforts have reshaped the oil sector, paving the way for a prosperous future.
“In the coming months, we anticipate the commencement of operations at PHRC followed by the finalisation of Warri and Kaduna refineries, which signals a renewed era of self-sufficiency in energy production.
“Our engagement with stakeholders and strategic policy implementations have instilled confidence, attracting vital investments. As we embark on this transformative journey, I assure you that 2024 holds promise for economic growth and increased opportunities.
“In unity, let us embark on this journey of Renewed Hope under the administration of President Tinubu because together, we shall witness a prosperous year filled with accomplishments and shared successes,” he wrote.