The operation of the Port
Harcourt Refining Company Limited (PHRC), which is made up of two of the
nation’s refineries, was restricted to about three months last year as a result
of pipeline vandalism, according to the Pipelines and Product Marketing Company
(PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
The combined crude
processing capacity of the Port Harcourt Refinery is 210,000 barrels per stream
per day (bpsd). The old refinery has a nameplate capacity of 60,000bpsd while
the new refinery has an installed capacity of 150,000bpsd.
According to Haruna Momoh,
managing director, PPMC, who spoke at the 2014 National Association
vandalism’of Energy Correspondents’ (NAEC) conference in Lagos on Thursday, the
Escravos-Warri Refining Petrochemical Company (WRPC) and Bonny-PHRC pipelines
are out due