Oil marketers are gearing up to load refined petroleum products from the Port Harcourt Refining Company, as workers at the facility race to get it set for production on the directives of the Nigerian National Petroleum Company Limited.
Dealers confirmed that the Port Harcourt Refining Company was almost set to start releasing products, projecting a N500/litre price for Premium Motor Spirit, popularly called petrol.
They also expressed optimism that the Dangote Petroleum Refinery would crash PMS price below N500/litre when it starts releasing products.
Dangote refinery is projected to start supplying petrol to the market in May, as it currently supplies diesel to dealers.
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