Fuel Scarcity: NNPC releases distribution details of 387.5m litres of Petrol

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The Nigerian National Petroleum Company Ltd has released details of how it distributed a total of 387.59 million litres of Premium Motor Spirit (PMS) in one week to reduce cases of fuel scarcity.

According to NNPC, the petrol, distributed to Nigerians through retail filling stations from February 14 to 20, 2022 represents an average daily distribution of 55.4 million litres.

According to the NNPC weekly national evacuation report released yesterday, 80 percent of all the PMS took place at 20 high loading depots, while 20 percent took place at the other loading depots.

NNPC said the top 20 high loading depot used are: Pinnacle-Lekki, which evacuated the highest volume of 70.8 million litres, NIPCO (22.6 million litres), AITEO (22.3 million litres), Swift (16 million litres), 11 PLC (15.9 million litres), Bovas Bulk (15 million litres) and Frado (14.6 million litres).

Others are: Keonamex (13.7 million litres), MRS Ltd (11.9 million litres), Rainoil (11.6 million litres), AYM Shafa (11.2 million litres), TSL (11.2 million litres), Rainoil Lagos (11.2 million litres), Matrix (10 million litres), Conoil Lagos (9.7 million litres), AA Rano (8.8 million litres), Bluefin (8.4 million litres), HOGL (8.2 million litres), Ibafon Calabar (8 million litres) and Mainland (7.5 million litres).

NNPC disclosed that the methanol-blended product was imported into the country by four oil marketers through four PMS cargoes under the NNPC’s Direct Sales Direct Purchase arrangement.

The four companies that supplied the methanol-blended petrol are: MRS, which made the importation through a vessel named MT Bow Pioneer; Emadeb/Hyde/AY Maikifi/Brittania-U Consortium through a vessel identified as MT Tom Hilde; Oando through a vessel named MT Elka Apollon; and Duke Oil.

in a bid to resolve the crisis, NNPC promised that over 2.3 billion litres of PMS would be delivered before the end of February 2022 to totally arrest the situation.

By Feranmi Okuku