The Petroleum and Natural Gas Senior Staff Association
of Nigeria has confirmed that the Port Harcourt refinery, with a production
capacity of 60,000 barrels per day, is operational and currently producing
various refined petroleum products, including diesel, kerosene, and petrol but
won't reduce the price of petrol.
This update was provided by the PENGASSAN National
President, Festus Osifo, during the association’s National Executive Council
Meeting held on Tuesday in Abuja, dispelling any doubts about the refinery’s
operations.
“The greatest challenge is the weakness of our
currency.
“With the naira trading at 1 dollar to 1,700 naira,
the cost of goods, including petroleum products, will remain high,” Osifo
explained.
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