PH refinery resumes




Port Harcourt Refining Company (PHRC) Limited will this week activate all its process in a move to shore up fuel supply in the country. The development was sequel to the completion of repair work at the refinery’s crude distillation unit where one of the columns collapsed and compelled a shutdown of the 210, 000 barrels per day refinery. The situation had worsened scarcity in a market that was suffering supply gaps following the withdrawal of private marketers from importation due to the backlog of debt owed them by the Federal Government. Our correspondent gathered that the refinery experienced a major failure of its Crude Distillation Column last month, while production was on-going, a situation that resulted in a shut-down of all the process plants. The restoration of the plant would normally have required urgent intervention from foreign experts and huge replacement costs. Sources revealed that parts that would have been imported are estimated at N640 million while delivery and mobilization of contractors to site would have taken several months, a source pointed out. But,following the urgent need to return to operations in the face of the prevailing fuel crisis in the country, it was learnt that the PHRC management took the challenge directly by repairing defective parts in-country while utilizing over 150 host community youths in the process that conforms with existing community empowerment commitments.
source:http://dailytrust.com.ng/news/business/ph-refinery-resumes/121849.html

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