/ Nov 14, 2026
/ Nov 14, 2026

NNPC moves to restart refineries with new China partnership

Published on

By

The Nigerian National Petroleum Company Limited (NNPC) has signed a Memorandum of Understanding with two Chinese firms to advance plans for the completion and operation of the Warri and Port Harcourt refineries.

The agreement, executed in Jiaxing City, China, on April 30, 2026, involves NNPC Ltd’s Group Chief Executive Officer, Bayo Ojulari, alongside Guan Jianzhong of Sanjiang Chemical Company and Bill Bi of Xinganchen Industrial Park Operation and Management Co., Ltd.

According to a statement issued by NNPC spokesperson Andy Odeh, the MoU outlines a potential Technical Equity Partnership aimed at completing outstanding work and ensuring the efficient operation and maintenance of both refineries.

The partnership is expected to drive upgrades that will improve product quality and boost profitability, while aligning operations with cleaner energy standards.

NNPC Ltd said the collaboration could also support expansion into petrochemicals and gas-based industrial hubs, leveraging opportunities within the downstream sector.

Ojulari described the agreement as a milestone following over six months of engagement between the parties, noting that it reflects a shared commitment to achieving long-term sustainability for Nigeria’s refining assets.

He added that the MoU marks a key step towards identifying technical equity partners to revitalise the country’s refineries and unlock broader industrial opportunities.

The company emphasised that the agreement signals intent, with final terms subject to further negotiations and regulatory approvals.

Source: NNPC Ltd statement

You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

INEC Chairman Joash Amupitan's vehicle surrounded by Nigerian protesters outside Chatham House in London.

INEC chairman Amupitan faces Nigerian protesters in London over 2027 polls

Nigerian protesters have confronted Joash Amupitan, chairman of the Independent National Electoral Commission (INEC), outside Chatham House in London, demanding answers over alleged irregularities in the country’s electoral system ahead of the 2027 general elections.   The protesters accosted Amupitan on Thursday as he left the British think tank after participating in a panel discussion titled ‘Nigeria’s 2027 Elections: Democratic Trajectory and Regional Stability Beyond the Ballot’. According to a report by TheCable, the demonstrators surrounded the black vehicle conveying the INEC chairman and demanded that he address their concerns about alleged irregularities in Nigeria’s voter register. Videos circulating on social media showed protesters holding placards, recording the encounter and chanting at the electoral chief. “Why are you running? Come out and talk to us,” some of the protesters shouted. Another demonstrator was heard calling for the police to be contacted, insisting that Amupitan should come out and address their concerns. One of the placards displayed during the confrontation read: “Amupitan, no more election fraud”. However, the INEC chairman remained inside his vehicle and did not give an audible response to the protesters. INEC Under Scrutiny Over Voter Register The confrontation comes amid growing scrutiny of INEC following concerns raised last month over suspected AI-generated photographs appearing in the commission’s preliminary voter register. INEC subsequently said it had traced the photographs to alleged misconduct by some registration officers who had access to its registration portal. The controversy raised further questions about the integrity of the electoral register ahead of the 2027 general elections. Amupitan Addresses Concerns Over 2023 Elections During his Chatham House appearance, Amupitan acknowledged that glitches experienced during the transmission of results in the 2023 general elections had eroded public confidence in the commission. He, however, said INEC had taken steps to ensure the smooth and efficient conduct of the 2027 elections. The protesters’ confrontation highlights continuing concerns over electoral transparency and public confidence in Nigeria’s electoral process as preparations for the 2027 elections gather momentum.
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.