The recently rehabilitated Port Harcourt Refinery has resumed operations and is currently selling Premium Motor Spirit (PMS) at N1,045 per litre.
This price is N75 higher than the Dangote Refinery’s price of N970 per litre.
Related || Dangote urges Nigerians to patronize cheaper fuel
PETROAN’s National Public Relations Officer, Dr. Joseph Obele, confirmed the price difference, saying marketers have been discouraged from lifting products from the refinery.
Obele said, “Yes, the Port Harcourt refinery is selling petrol for N1,045 per litre to marketers. That is N75 higher than the price from Dangote.
“This high price is why marketers are not going to pick up products from the refinery. But the NNPCL GCEO has assured that the price would be reduced.”
The refinery has a capacity of 60,000 barrels per day and is operating at 70% of its installed capacity.
However, the Nigerian National Petroleum Company Limited (NNPCL) has assured that the price will be reduced soon.
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