PETROAN Urges FG to Partner Foreign Firm in Managing Port Harcourt Refinery

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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to consider partnering with a reputable foreign company in the management of the Port Harcourt Refinery.

Speaking on Sunday, PETROAN President, Dr. Billy Gillis-Harry, said such a partnership would guarantee efficiency, transparency, and sustainable operations once the refinery resumes production.

He noted that the country’s previous experience with poorly managed refineries underscored the need for international expertise to ensure that the Port Harcourt plant delivers on its mandate of reducing Nigeria’s dependence on imported petroleum products.

According to Gillis-Harry, bringing in a globally recognized operator with a strong track record in refinery management would help transfer technical know-how, strengthen accountability, and attract further investment to the downstream sector.

“Refineries are complex operations that require precision and consistent efficiency. Partnering with an experienced foreign firm will ensure that this critical national asset does not relapse into the cycle of inefficiency that has defined our refining history,” he stated.

The Port Harcourt Refinery, which has undergone multi-billion-naira rehabilitation, is expected to play a central role in addressing Nigeria’s energy supply challenges and in cutting the huge cost of fuel imports.

PETROAN also urged the government to adopt transparent policies that encourage collaboration with the private sector, stressing that sustainable refinery operations remain vital for energy security, job creation, and economic stability.

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