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NNPC injects 293m litres of petrol into market

The Citizen by The Citizen
April 17 2014
in Latest News, Uncategorized
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The Nigerian National Petroleum Corporation and its downstream subsidiary, the Pipelines and Products Marketing Company, on Thursday said 293,326,011 litres of petrol has been injected into the market in a bid to ensure a hitch free Easter celebration across the country.

The corporation said major and independent marketers were scheduled to supply additional 142,913,189 litres into the system.

The Group General Manager, Group Public Affairs Division, NNPC, Mr. Ohi Alegbe, in a statement, said the NNPC, Major Marketers Association of Nigeria, Nigeria Independent Petroleum Company, and all other importers of petroleum products were all trucking out petrol from their various marine and inland depots to stabilise the situation.

He said, “The NNPC/PPMC is collaborating with relevant stakeholders in the hydrocarbon value chain to wet the nation with PMS before, during and after the Easter celebration.”

According to him, there was approximately 17 days petrol national sufficiency at 40 million litres per day consumption, adding that efforts were on to build up the stock to guarantee energy sufficiency for the country.

Alegbe assured that the NNPC was collaborating with other stakeholders to restore normalcy to the fuel supply situation in the country and enjoined motorists and filling station owners to desist from panic buying, hoarding and other sharp practices.

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