“The promoters of the project, African Refinery Group, had in 2016 won a competitive bid to co-locate a crude oil refinery within the site of the Port Harcourt Refinery Complex, and it executed an agreement to run and operate a 100,000 BPD refinery on 45 hectares of vacant land within the battery limit of the refinery complex”, the NCDMB said March 9, 2025, announcing its acquisition.
