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To Revive Warri, Port Harcourt Refineries NNPC Signs MoU with Two Chinese Firms

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To Revive Warri, Port Harcourt Refineries NNPC Signs MoU with Two Chinese Firms

05 May, 2026

The Nigerian National Petroleum Company Limited (NNPC) has again moved to revive its ailing refineries, announcing yesterday the signing of a Memorandum of Understanding (MoU) with two Chinese companies for a potential Technical Equity Partnership (TEP) for the completion and operation of the facilities in Port Harcourt and Warri. The Chinese firms, a statement from the national oil company disclosed, are: Sanjiang Chemical Company Limited as well as Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd...................... READ MORE