NNPC plans 2 cargoes per day to address petrol supply

In a determined move geared towards eradicating fuel queues that have resurfaced in country’s major  cities, the Nigerian National Petroleum Corporation (NNPC) has programmed to bring in two cargoes of petrol per day for the rest of February 2018 to boost supply.

Each of the two cargoes is 50 million litres making a total of 100 million litres that will be brought in per day for the rest of February to increase supply and replenish strategic reserves.

A statement from the corporation on Thursday also revealed that  to enhance supply, 45 million litres of petrol was discharged from ships into jetties across the country yesterday.

Prior to the fresh 45 million litres discharge, there was 324 million litres of petrol on land and 432 million litres in marine storage making a total of 756 million litres, enough to last for 22 days at 35 million daily consumption rate.

The jetties that received the 45 million litres shipments include Nacj, Apapa; Bop, Apapa; Techo Jetty, Lagos; Dutchess, Oghara; Vine Jetty, Calabar; Chipet Jetty, Lagos; and ECM Jetty, Calabar.

To ensure efficient distribution of the product to depots in the hinterland, the Nigerian Pipeline and Storage Company (NPSC), a midstream subsidiary of the NNPC, has been mandated to fix relevant pipelines to facilitate seamless pumping, in addition to massive trucking arrangement that is in place.

The corporation assures that with the measures in place, the fuel queues being experienced in some cities would soon be a thing of the past.