Federal Government Bans 60,000 Litres Petrol Tankers from March 1
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000 litres petroleum tankers from operating on Nigerian roads, effective March 1, to mitigate truck-in-transit incidents. Its Chief Executive, Ahmed Farouk, announced the ban yesterday, while briefing newsmen shortly after its Stakeholders Technical Committee Meeting, where he added that by the fourth quarter of […]
Nigeria faces a fuel shortage despite the NNPC’s supply guarantee
Queues for Premium Motor Spirit (PMS) also known as petrol have continued to grow as the country faces a fresh round of fuel scarcity despite assurances by the (NNPC) Limited that it has resolved the cause of fuel shortages in the country. NNPC spokesman Olufemi Soneye had in a statement last week emphasised that the […]
FG adopts a virtual means of evacuating crude oil
The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilization of barges and trucks for the transportation of crude from the point of production to injection/storage points for eventual transportation to export terminals. It said the Alternative Crude Oil Evacuation Systems was implemented to avoid production deferment, losses […]
Port Harcourt refinery to begin production by March
The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd (NNPCL), Mr Mele Kyari, on Thursday said the Port Harcourt refinery would begin production by end of March. Kyari said this after a meeting with the Senate Ad-hoc Committee, investigating the various Turn Around Maintenance (TAM) projects of Nigerian refineries. On Warri refinery, Kyari said […]