The Port Harcourt Refining Company (PHRC) is yet to commence bulk sales or open its purchase portal, as essential processes are still being finalised.
The Nigerian National Petroleum Company Limited (NNPCL) made the disclosure as regards the pricing of PHRC products.
The national oil company stated this in a press release by its Chief Corporate Communications Officer, Olufemi Soneye, on Friday.
It disclosed that it is currently selling the products that originated from the Dangote Refinery Limited (DRL), adding that it include applicable NMDPRA fees.
NNPCL stated in the release that products from PHRC are exclusively for its retail stores at this stage, noting that its pricing is subject to periodical review and adjustment to reflect operational realities.
“Currently, the products we are selling originate from the Dangote Refinery and include applicable NMDPRA fees. Products from PHRC are exclusively for our retail stores at this stage.
“Our pricing is reviewed and adjusted periodically as necessary to reflect operational realities.
“We advise the public to disregard any misleading information regarding pricing. Official announcements will be made if and when price reviews occur.
“Thank you for your understanding and cooperation,” NNPCL stated in the press release.
