Oil & GasTop Story

NNPC retail outlets extend hours of operation to ease tightness of fuel

"Fuel stations will run for longer hours, and marketers will collaborate and share stocks. So, rather than have a station with more trucks, they can release those trucks to other stations for circulation"

1.5k
Advertisement




The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that all its retail stations serving Premium Motor Spirit (petrol) will now operate for longer hours to ease fuel tightness and reduce long fuel queues.

Mr. Dapo Segun, Executive Vice President of NNPC Ltd. (Downstream), gave the directive during a joint inspection of fuel stations with Mr. Ogbugo Ukoha, Executive Director of Distribution Systems, Storage, and Retailing Infrastructure at the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

He pointed out that the adverse weather conditions have significantly impacted the ship-to-shore discharge of PMS, a volatile liquid.

Segun said: “During thunderstorms, it cannot be discharged due to safety reasons, which also affects the loading of trucks at the depot.

“This is why you see this tightness. Despite challenges like deteriorating motorways due to rain and flooding, we will ensure continuous loading throughout the weekend and mobilize more trucks.

“Fuel stations will run for longer hours, and marketers will collaborate and share stocks.So, rather than have a station with more trucks, they can release those trucks to other stations for circulation.”

Persecondnews recalls that in a statement on Monday, the NNPC Ltd. vowed to restore normalcy to resolve the logistics challenges and restore a seamless supply of petrol to affected areas.

The statement reads: “The NNPC Ltd. wishes to state that the fuel queues seen in the FCT and some parts of the country were as a result of disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from a recent thunderstorm.

See also  NNPC Ltd. expands global market footprint to Japan, China with LNG supply on delivered-ex-ship basis

“The NNPC Ltd. is working with relevant stakeholders to resolve the logistics challenges and restore a seamless supply of petrol to affected areas.

“Already, loading has commenced in areas where these challenges have subsided, and we are hoping the situation will continue to improve in the coming days and full normalcy will be restored.

“The NNPC also calls on motorists to avoid panic buying and hoarding of petroleum products.”

Author

Leave a comment

Related Articles

Ondo aircraft crash: NAF releases names of 25 victims (full list)

The Nigerian Air Force has released the list of all 25 victims...

Fatal Ondo NAF Jet Crash: Tinubu Mourns Fallen Personnel, Demands Investigation

President Bola Tinubu has expressed profound sadness over the crash on Monday...

Breaking: Fatalities Feared in Ondo Helicopter River Crash

A helicopter crashed into a river in the early hours of Monday...

Imo CP: Drone Locates NYSC Kidnappers’ Den, But IEDs Impede Raid

Police in Imo State have tracked down the hideout of suspected kidnappers...