NIGERIA: $1.5b approved by the FEC for Port Hacourt refinary rehabilitation

Home » NIGERIA: $1.5b approved by the FEC for Port Hacourt refinary rehabilitation

March 17, 2021July 5, 2021By Quick Tv Africa

Nigeria federal executive council (FRC) has approved $1.5 billion on Wednesday for the rehabilitation of the Port Harcourt refinary .

Minister of state for petroleum resources , Timipre Sylva ,stated that “the rehabilitation will be done in three phases of 18, 24, 44 months”.

The minister also disclosed that an Italian company would undertake the repairs and a maintenance company would also be put in place, to ensure effective maintenance culture.

“The contractor that was approved by council today is Tecnimont”, SPA of Italy.

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