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NNPC orders 2.1bn liters of methanol-free PMS
- Says fuel queues will end in few days
The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it had ordered 2.1 billion liters of methanol-free petrol to end the fuel queues across the country.
The CEO/GMD of NNPC, Mele Kyari said this while briefing the House of Representatives Committee on Petroleum (Downstream).
He explained that the situation came about as a result of the discovery of methanol in the PMS cargoes shipped to Nigeria under the subsisting commercial contract operated by NNPC and its partners.
According to the CEO, the reason why tests did not reveal methanol presence was because Nigeria’s specifications do not include methanol.
“We are a law-abiding company. There is no way we could have known about the methanol presence. The only way we could have known about it is if our suppliers, in good faith, made the disclosure to us.
“In this particular instance, the discovery was made by our inspection agents who noticed the emulsification at the filling stations and brought it to our attention.
Subsequent investigation revealed that the four cargoes which are all from the same source also contained methanol-blended PMS,” the CEO added. He said NNPC then moved swiftly to trace all the affected products and quarantine same.
While assuring the Committee and Nigerians that measures have been put in place to accelerate fuel supply and distribution in the country, he said the company had placed significant orders of over 2.1 billion liters of methanol-free PMS to ensure the queues vanish in few days.
He pledged that NNPC would co-operate with the Committee and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to get to the root of the matter.
The NNPC CEO also expressed deep empathy with Nigerians on the current situation and assured that adequate measures have been put in place to maintain supply sufficiency and prevent future occurrence.
