Business

PETROAN clarifies diesel, kerosene liftings from Port Harcourt Refinery

Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

The Petroleum Product Retail Outlets Owners Association of Nigeria (PETROAN) has clarified that its members lifted Automotive Gas Oil (Diesel) and Dual Purpose Kerosene (DPK) from the Port Harcourt Refinery, not Premium Motor Spirit (Petrol). According to Billy Gillis-Harry, President of PETROAN, “For the products we are lifting in the NNPC, especially in Port Harcourt refinery, most of them were DPK and AGO.”

For further information, read more details here

Speaking on Arise TV’s The Morning Show, Gillis-Harry explained that PETROAN members bought PMS from NNPC stations, not directly from the refinery. “We did not buy any commercial PMS from NNPC while the process of doing distributions from that depot was going on,” he said.

PETROAN members took petroleum products “running into tens of millions of litres,” with allocations given by NNPC. Gillis-Harry expressed support for Dangote Refinery, saying, “We are very proud of Dangote. We want to support him; we want to encourage him to be successful.”

Meanwhile, energy expert Kelvin Emmanuel noted inefficiencies in Nigeria’s public-owned refinery infrastructure, praising Dangote Refinery for providing critical solutions. “Dangote has come to Nigeria to do what NNPC has failed to do for 25 years,” Emmanuel said, adding that private oil marketers have failed to ensure nationwide access to petrol at fair prices.

Emmanuel emphasized that Dangote Refinery’s plan to assume transportation and storage costs could benefit Nigerians, particularly outside Lagos, the South-West, and Abuja, where PMS prices are relatively stable. “What Dangote is saying is that he is going to assume transportation costs, he’s going to assume storage costs, and deliver petrol to retail stations,” he explained.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post

Wisdom Engraced

Recent Posts

Nepalese National Makes Shocking Allegation Against Police Over N1.6bn Scam

Keep up with the latest news and be part of our weekly giveaways and airtime…

4 minutes ago

Customers Threaten Mass Exit as Fresh Concerns Rock Nigerian Bank

Keep up with the latest news and be part of our weekly giveaways and airtime…

12 minutes ago

ACF Reveals Disturbing Reality Facing Farmers Across Northern Nigeria

Keep up with the latest news and be part of our weekly giveaways and airtime…

28 minutes ago

Ndume Speaks on Tinubu’s Latest 2027 Move, Reveals Why APC Is Better Positioned

Keep up with the latest news and be part of our weekly giveaways and airtime…

32 minutes ago

Fresh Political Twist Emerges After Release of Abducted Oriire Pupils

Keep up with the latest news and be part of our weekly giveaways and airtime…

37 minutes ago

NHRC Breaks Silence on Peter Obi’s Death Threat Claim

Keep up with the latest news and be part of our weekly giveaways and airtime…

44 minutes ago