Oil marketers buy 518,500 metric tones of Dangote diesel, aviation fuel in five months
By Udeme Akpan, Energy Editor
Marketers of petroleum products have lifted 518,500 metric tonnes of diesel and aviation fuel (Jet A1) from Dangote Refinery, representing 60 percent of national truck-outs in five months.
Related story: FG, Dangote reach agreement on petrol supply, lifting begins tomorrow
Documents obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, indicated that independent local marketers lifted the products between April and September.
They include Asharami, MRS Oil and Gas, AA Rano, Rainoil, Prudent, NIPCO, Aym Shafa and Danmarna, among many others.
Further analysis of the transactions indicated that marketers lifted 489,500 metric tonnes of diesel and 29,000 metric tonnes of aviation fuel for distribution across various Nigerian ports.
There were 17 diesel shipments to Lagos, six to Warri, two to Port Harcourt, and one to Calabar.
In an interview with Vanguard, Olufemi Adewole, Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, said: “The sector needs to operate transparently in a manner that allows all stakeholders to thrive and contribute significantly to the quest of ensuring availability, reliability and accessibility of petroleum products nationwide.”
‘We didn’t boycott Dangote petrol’
Adewole said the alleged boycott of Dangote Refinery’s petrol was incorrect as petroleum marketers were still awaiting clearance from the government on the modalities regarding the offtake of petrol from the refinery.
He said: “DAPPMAN, as evidenced by patronage of various products from the Dangote Refinery by its members, believes firmly in meeting Nigeria’s energy needs, and remains aligned to calls for the nation not to end up in a monopoly, which will only jeopardize our economic growth and development.”
Adewole noted that DAPPMAN and other marketers had consistently stated that the trading of petroleum products globally rests on the critical issues of price and quality.
“Offtake will, in keeping with the laws of demand and supply, gravitate towards sources where products can be bought at a lower price, better quality and seamless accessibility,” he stated.
He reassured Nigerians that DAPPMAN would continue to work towards giving the nation top-notch fuel solutions while securing the sustainability of the sector.
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