There is an ongoing project at the Port Harcourt Refinery to increase its capacity by 100,000 barrels per day. The refinery project is being handled by the African Refinery Group Limited in Port Harcourt, Rivers State.
The NCDMB has decided to acquire a 20% equity stake in the project in partnership with NNPC Limited.The Nigerian Content Development and Monitoring Board (NCDMB) has secured a 20% equity stake in the new 100,000 barrels per day refinery project by the African Refinery Group Limited in Port Harcourt, Rivers State. This marks a strategic partnership with the Nigerian National Petroleum Company Limited (NNPC) and underscores efforts to enhance local content in the oil and gas sector.
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