-2.1 C
New York City
Monday, November 25, 2024
HomeNEWSNNPC Expecting 2.3 Billion Litres of PMS to Stabilize Distribution
spot_img

NNPC Expecting 2.3 Billion Litres of PMS to Stabilize Distribution

The Nigerian National Petroleum Company (NNPC) Limited is expecting not less than 2.3 Billion Litres of methanol-free Petrol aimed at ending scarcity across the country.

The company’s Group Executive Director (GED) Downstream, Adetunji Adeyemi, made this known in a TV programme aired on Tuesday night.

To this end, Adeyemi assured Nigerians that the distribution of Premium Motor Spirit (PMS) would soon normalize after it recalled the bad product imported into the country last week.

According to him, aside over 2.3 billion litres being expected by the end of February, over 1 billion litres of the product are currently being distributed nationwide.

He assured that the product being dispensed at various filling stations in the country was safe, as the expected 2.3 billion litres would restore the sufficiency level above the national target of 30 days.

Mr Adeyemi explained that in order to accelerate PMS distribution across the country, the company had commenced 24 hours’ operations at its depots and retail outlets.

He disclosed that NNPC had constituted a monitoring team, with the support of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other security agencies to ensure smooth distribution of PMS nationwide.

In the meantime, Chairman, House of Representatives Committee on Petroleum (Downstream), Abdullahi Gaya, assured Nigerians that his Committee would handle companies who imported methanol-blended Premium Motor Spirit (PMS) into the country.

A statement by Garba Deen Muhammad, Group General Manager, Group Public Affairs Division, NNPC Limited, quoted Mr Gaya as responding to a question from one of the committee members in that regard.

Mr Gaya spoke during an engagement with Management of the NNPC organised by his committee on the current fuel situation in the country.

While briefing the committee, the NNPC CEO/GMD, Mele Kyari, explained that the situation came about as a result of the discovery of methanol in the PMS cargoes shipped to Nigeria under the subsisting commercial contract operated by NNPC and its partners.

According to Mr Kyari, tests did not reveal methanol presence because Nigeria’s specifications do not include methanol.

“We are a law-abiding company. There is no way we could have known about the methanol presence.

“The only way we could have known about it is if our suppliers, in good faith, made the disclosure to us.

“In this particular instance, the discovery was made by our inspection agents who noticed the emulsification at the filling stations and brought it to our attention.

“Subsequent investigation revealed that the four cargoes which are all from the same source also contained methanol-blended PMS,” Mr Kyari said.

He said NNPC moved swiftly to trace all the affected products and quarantine same.

While assuring the Committee and Nigerians that measures have been put in place to accelerate fuel supply and distribution in the country, the NNPC CEO said the company had placed significant orders of over 2.1billion liters of methanol-free PMS to ensure the queues vanish in few days.

He pledged that NNPC would co-operate with the committee and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to get to the root of the matter.

The NNPC CEO also expressed deep empathy with Nigerians on the current situation and assured that adequate measures have been put in place to maintain supply sufficiency and prevent future occurrence.

Also in the week, the ongoing rehabilitation works on the Port Harcourt Refining Company (PHRC) was applauded by three former Managing Directors (MDs) of the Company.

The MDs who visited the refinery on an inspection of the ongoing rehabilitation advised PHRC Management to ensure that members of staff use the opportunity of the rehabilitation to acquire specific expertise on key operational areas.

The three former MDs are Bafred Enjugu, who was in charge from 2014 to 2017; Shehu Malami, who was the MD from 2017 to 2018 and Abba Bukar, the immediate past MD who retired in March 2020.

They expressed delight at being able to inspect the ongoing works and advised the management to manage cost and ensure successful completion of the rehabilitation.

©Copyright MOTORING WORLD INTERNATIONAL.
All rights reserved. Materials, photographs, illustrations and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior written permission from Motoring World International

Contact[email protected]

spot_img
spot_img

Most Popular