The roll-out of Premium Motor Spirit (PMS) from the Port Harcourt Refinery has been welcomed by marketers, who believe it will deepen competition, ensure product availability, and lead to price reductions. Eleven months after the mechanical completion of the old Port Harcourt Refinery, the facility has begun loading petroleum products, signalling the commencement of crude […]

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed that the price of petrol in Nigeria will crash in the coming days. The NMDPRA Chief Executive Officer, Farouk Ahmed confirmed this on Tuesday while speaking to newsmen on the resumed operation of the Port Harcourt Refinery. According to him, the operations of the […]