13 vessels discharging petroleum products – NNPC

 The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says about 13 vessels are presently discharging petroleum products at various seaports across the country.
He disclosed this on Sunday in Abuja while briefing journalists, and gave an assurance of adequate supply of the products in the country.
He said that the vessels discharging had an average of 650 million litres adding that three more vessels were expected to berth before the end of the week and that the federal government had instructed the Nigerian Navy, Nigerian Maritime Administration and Safety Agency (NIMASA) , Customs and all stakeholders to expedite clearance and anchorage services to facilitate speedy products transfers to various depots.
He noted that with the efforts on ground, queues were expected to disappear in couple of days and that the NNPC had instructed a 24- hour-loading-and-sales operations at all its depots and mega stations, and also advised major marketers to carry out 24 hours of operations too.
“In addition to regular supply circle, NNPC has programmed the delivery of additional 300 million litres in December 2017 and January 2018 to beef up national reserve to 45 million litres per day,’’ he said.
According to him, the delivery is well above the normal consumption requirement of between 27 to 28 million litres per day.
Baru noted that over the last two weeks, the national truck-out capacity had been beefed up to an average of 1,500 trucks, translated to 52 million litres per day. This, he said, was also much higher than the normal consumption of 850 trucks per day across the various depots in the country.
“This is coming at a time when the NNPC is the sole supplier of Premium Motor Spirit (PMS) known as petrol as a result of the inability of oil marketing companies to import due to landing cost and exchange rate,’’ he added.
Baru said that the NNPC had activated the ‘Fuel war Room ‘to coordinate all intervention activities for supply and distribution of the PMS nationwide.
He said that the team in the fuel war room included NNPC, Department of Petroleum Resources, Petroleum Products Price Regulatory Agency and Petroleum Equalisation Fund, with the support of the security agencies. The group, he said, will work round the clock to ensure speedy resolution of the current situation.

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