Kaduna, PH refineries post N2.8bn profit, despite undergoing rehabilitation

05 October 2016, Sweetcrude, Abuja — Despite their inability to produce at more than 10 percent of their nameplate capacity, Port Harcourt Refining Company, PHRC, and Kaduna Refinery and Petrochemical Company (KRPC) recorded a profit of N2.812 billion for July 2016. This was also irrespective of the fact that the refineries are currently undergoing rehabilitation […] More »