ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, September 19, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

BREAKING: Port Harcourt Refinery Petrol Price Per Litre Revealed

the difference in price places a financial strain on marketers and raises questions about competitive pricing in the downstream sector.

by NewsOnline Nigeria
November 27, 2024
in Economy And Business, Headline
0
Port Harcourt Refinery Petrol Price

Port Harcourt Refinery Petrol Price Per Litre has been revealed.

 

NewsOnline Nigeria reports that the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has disclosed that the Port Harcourt Refinery is selling petrol at ₦1,045 per litre.

 

This makes it ₦75 more expensive than the ₦970 per litre offered by privately-owned Dangote Refinery.

 

This was revealed by the PETROAN Public Relations Officer, Dr. Joseph Obele, during the official reopening ceremony of the refinery.

 

ALSO: Bianca Ojukwu Speaks On President Tinubu Releasing Nnamdi Kanu

This revelation came as the Port Harcourt Refinery resumed operations with a daily production capacity of 60,000 barrels following extensive rehabilitation.

 

While the refinery’s reopening has been praised as a step toward reducing Nigeria’s dependence on imported fuel, concerns have emerged about the pricing gap.

 

According to PETROAN, the difference in price places a financial strain on marketers and raises questions about competitive pricing in the downstream sector.

 

In response, the Nigerian National Petroleum Company Limited (NNPCL) has assured stakeholders that it will take steps to address the disparity and ensure fair pricing.

 

Meanwhile, with the kick-off of the Port Harcourt refinery, Nigerians are expecting the price of petrol to drop.

 

The refinery is producing the following:

– Straight-Run Gasoline (Naphtha): Blended into 1.4 million liters of Premium Motor Spirit (PMS or petrol)

– Kerosene: 900,000 liters

– Automotive Gas Oil (AGO or Diesel): 1.5 million liters

– Low Pour Fuel Oil (LPFO): 2.1 million liters

– Liquefied Petroleum Gas (LPG): Additional volumes

ADVERTISEMENT
Previous Post

Bianca Ojukwu Speaks On President Tinubu Releasing Nnamdi Kanu

Next Post

Yahaya Bello: White Lion Now Inside Cage

Next Post
Yahaya Bello

Yahaya Bello: White Lion Now Inside Cage

Trending Stories

Governor Soludo

Governor Soludo Rejects Ekwunife’s Apology Amid Infidelity Controversy

FCT Minister Wike

BREAKING: FCT Minister Wike Speaks On Tinubu’s Reinstatement Of Fubara

Governor Fubara

BREAKING: Governor Fubara’s Failure To Resume Fuels Tension In Rivers State

Watch Viral Sex Video of Anambra Married Woman

Watch Viral Sex Video Of Anambra Married Woman With Husband’s Best Friend

Governor Fubara

Is Rivers State on Autopilot? Governor Fubara Missing in Action After Six-Month Suspension

Wike

Wike Dismisses Concerns Over Fubara’s Absence Amid Leadership Vaccum In Rivers

Port Harcourt Refinery Petrol Price

BREAKING: Port Harcourt Refinery Petrol Price Per Litre Revealed

Anambra’s Education Ranking

Anambra’s Education Ranking Plummets to 33rd, Raising Alarms Ahead of 2025 Elections

Zenith Bank

Zenith Bank Reports N625.6bn Pre-Tax Profit in H1 2025, Declares Higher Dividend

Wike

Wike Accused of Seeking Total Control in Rivers State Amid Fresh Political Tensions

Latest Stories

FG

BREAKING: FG Under Fire To Publish Names Of Nigerians Who Got ₦330 Billion Cash Transfer

Peter Obi

Peter Obi Steps Up Political Consultations Ahead of 2027 Presidential Race

Nigeria Customs Service

Nigeria Customs Service Announces Pre-Test for Superintendent Cadre Applicants

CBN MPC

CBN MPC Poised for Possible Rate Cut Amid Inflation Moderation, Naira Stability

Buhari Loyalists

Buhari Loyalists Dump APC, Declare Support for Atiku Ahead of 2027

Wike

Wike Admits Costly Mistake in PDP Presidential Primary, Alleges Rigging and Backroom Deals

Jonathan

Jonathan Slams Tinubu Govt, Warns Investors Flee Nigeria Over Compromised Judiciary

Kidneys

Over 650 Kidneys Illegally Harvested in Nigeria, Valued at $41 Billion on Global Black Market

Wike

Wike Accused of Seeking Total Control in Rivers State Amid Fresh Political Tensions

FAAC

FAAC Distributes Record N2.22 Trillion to Three Tiers of Government for August 2025

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria