The Nigerian National Petroleum Corporation (NNPC) has signed an Engineering, Procurement & Construction (EPC) contract with Tecnimont SpA. The deal is for the rehabilitation of Port Harcourt Refining Company (PHRC).
This was disclosed by NNPC via its official Twitter handle on Tuesday.
— NNPC Group (@NNPCgroup) April 6, 2021
The Federal Executive Council (FEC) had on the 17th of March approved $1.5 billion (about N600 billion) for the rehabilitation of the Port Harcourt refinery.