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NNPC decides to rehabilitate Port Harcourt Refinery instead of selling it, prioritizing upgrade over sale.
Nigeria's state-owned oil company, NNPC Ltd, announced that the Port Harcourt Refining Company will not be sold.
The company is instead committed to rehabilitating the refinery to high standards.
This decision came after a review found that operating the refinery before rehabilitation was not commercially viable.
The move aligns with the government's goal of maintaining control over key energy assets.
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NNPC decide rehabilitar la refinería de Port Harcourt en lugar de venderla, dando prioridad a la mejora por encima de la venta.