The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced that its members have begun loading petroleum products—including dual-purpose kerosene, automotive gas oil (diesel), and premium motor spirit (petrol)—from the Port Harcourt and Warri refineries.
In a statement released on Saturday, PETROAN spokesperson Joseph Obele confirmed that both refineries have resumed product distribution. This follows reports that the Port Harcourt refinery, which was rehabilitated in November 2024, shut down temporarily in December. Similarly, the Warri refinery restarted operations on December 30, 2024, after undergoing repairs.
Obele stated that the Port Harcourt refinery is now supplying petrol, diesel, and kerosene, while the Warri refinery is currently distributing only diesel and kerosene.
“The lifting of petroleum products by PETROAN members is now in full swing,” he said.
The recommencement of fuel sales from these state-owned refineries, alongside production from the Dangote Refinery, has raised hopes of reduced fuel prices in Nigeria.
“The revival of these refineries has intensified competition, which is expected to push down fuel prices. As Nigerians continue to demand lower petrol prices, it is evident that market competition plays a key role in driving costs down,” Obele explained.
He also highlighted additional benefits, including the elimination of adulterated diesel and kerosene from the market.
Despite these developments, fuel prices in Nigeria currently range between ₦965 and ₦1,100 per litre.
