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Home»Energy»Oil & Gas»Nipco Begins 24Hr Loading Of Fuel To Ease Tension
Oil & Gas

Nipco Begins 24Hr Loading Of Fuel To Ease Tension

By Orientalnews StaffDecember 27, 2017No Comments2 Mins Read
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Gerard Izuora

Nipco Plc, said it has received supply of petrol from the Nigerian National Petroleum Corporation, NNPC, and has also commenced 24 hour loading of trucks at its Lagos depot.

Chief Corporate Affairs Manager, of NipCo, Alh. Lawal Taofeek, confirmed the 24 hour-loading and said the trucks were being dispatched to all parts of the country with immediate effect.

NipCo also commended NNPC Management as well as that of its subsidiary Company, Petroleum Products Marketing Company (PPMC) for boosting petroleum products supplies, disclosing that Nigerians would soon feel the impact of NNPC intervention immediately.

“Our terminal is already burbling with activities, with the marketers feeling a sigh of relief which the consumers would soon feel positively,” the statement said.

For the umpteenth time, NNPC assures Nigerians to remain calm and not to engage in panic buying, as the end of the hiccup has come.

Appropriate sanctions, by the security agencies working together with industry regulators, await any Marketers that may risk engaging in hoarding.

The six major marketers that recently received consignments of NNPC petrol imports and are trucking them round the clock to all parts of the Country are: Total, Forte Oil, Oando Plc, MRS, 11 Plc and Nipco Plc.

The supplies are mostly from Cargoes of PMS imported by NNPC which are daily berthing and immediately being made to discharge their products to stem the supply hiccups.

The imported products are also being supplemented by supplies from the local refineries.

Earlier in the week, NNPC GMD, Dr. Maikanti Baru, had stated that the Corporation’s 1billion litres PMS cargo imports had started to arrive, saying supplies to parts of the country had been doubled to 80million litres per day since the current hiccup in the supply chain was noticed a few days back.

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Orientalnews Staff

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