Port Harcourt - Port Harcourt Refining and Petrochemical Company (PHRC) has stopped production after crude supplies ran out due to attacks on supply pipelines.
The production stop is likely to worsen fuel shortages that hit the country since February, reports New Telegraph.
The 210 000 barrels per stream day (bpsd) capacity facility has cut production to around 10 000 to keep the facility open.
Pipeline and Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) is now conducting negotiations with oil companies to secure alternative supplies.
The new arrangement, which will become operational in June, is to supply crude to the refinery with vessels through coastal marine from where it would be taken to the plant for refining.
Read more at New Telegraph.
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