The Nigerian National Petroleum Company Limited has imported and taken delivery of 300 million liters of Premium Motor Spirit to close the supply gap created in the country by the withdrawal of the wrong petrol grade.
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed said this on Wednesday in Lagos.
Ahmed said the 300 million liters arrived through six vessels ordered by the NNPC and had arrived in the country.
He said with the delivery of the 300 million liters of petrol, the fuel queues being witnessed in the country will disappear by Thursday.
He said;
“Today, I am happy to say that loading has been going on in most of the depots because we have been able to identify, isolate and quarantine the limited amount of gasoline that was affected by the methanol volume that was discovered.
“We have vessels that have arrived in the country recently. At least six arrived in the last few days ordered by the NNPC, carrying a total volume of close to 300 million liters, just to close the gap created by those vessels we have withdrawn from the system.”
Ahmed said there is a 9,000MT vessel that is being discharged at Apapa Port to major marketers including OVH, TotalEnergies, 11 Plc, Conoil, and Ardova Plc.
He explained that as soon as the vessels complete discharging and start pushing products to oil marketers, the fuel queues in Lagos will disappear by Friday.
“So, once these vessels complete discharging and start pushing the products to marketers, I believe Lagos will be cleared by Friday. We have got that assurance from the marketers.
“Also, most of these vessels will also be providing volumes to most of the members of the key members of DAPPMAN,” Ahmed added.
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