By Funso Alarape
Tuesday June 25, 2024
Please, share this story:
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) said that its members and private fuel depots had yet to import fuel outside regulatory specifications.
DAPPMAN said this in a statement on Monday night in Lagos, following the allegations that some marketers were importing dirty fuel.
The association said that no depot imports fuel outside the specifications approved by the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA).
It said, ”NMDPRA had initially objected to offtakes by ‘our daughter vessels’ from import ‘mother vessels’, via ship-to-ship operations, which usually take place offshore Lome.”
The association said that the move was vehemently protested and resisted by downstream operators and had since been rescinded.
DAPPMAN said that between February and May 2024, NMDPRA had allowed AGO imports with maximum sulphur content of 200/ppm.
“However, this was followed by another move by the regulator to fast-forward the country’s target date for the implementation of the 50/ppm sulphur limitation on PMS and AGO imports to June 1 from Dec. 31, 2024.
“DAPPMAN will continue to work with all stakeholders willingly to provide safe, healthy fuels to all Nigerians, competitively giving them great and affordable fueling options for their daily activities,” it added. (NAN)
Recall that the Dangote Industries Limited had accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals.
It said the IOCs were deliberately and wilfully frustrating the refinery’s efforts to buy local crude by jerking up the high premium price above the market price, thereby forcing it to import crude from countries as far as the United States, with its attendant high costs.
Speaking to a group of Energy Editors at a one-day training program organized by the Dangote Group, the Vice President of the conglomerate, Devakumar Edwin also lamented the activity of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, in granting licenses indiscriminately to marketers to import dirty refined products into the country.
He said: “The Federal Government issued 25 licenses to build refineries and we are the only one that delivered on the promise. In effect, we deserve every support from the government. It is good to note that from the start of production, more than 3.5 billion liters, which represent 90 percent of our production, have been exported.
‘’We are calling on the Federal Government and regulators to give us the necessary support to create jobs and prosperity for the nation.
“While the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is trying its best to allocate the crude for us, the IOCs are deliberately and willfully frustrating our efforts to buy the local crude.”
We are here to serve you with quality news and information.
However, your donations, reactions and advert placement are welcome.
Contact us on 08033783144 (WhatsApp)
08023469999
idowuadelusi@yahoo.com, idowuadelusi@gmail.com,
thepathfindernews0@gmail.com
Follow our reports also on X @idowuadelusi and Facebook (Idowu Oluwole Adelusi)