Amidst Biting Fuel Scarcity, Nine Ship Load Of Petrol Expected At Lagos Ports

Respite may be on the way over the lingering across the country, at least nine premium motor spirit (PMS)-laden vessels are being expected in Lagos port between today (April 6) and Saturday (April 9).
Shipping Position Daily confirmed yesterday that the ships are laden with a combined tonnage of 599,138.679Metric tonnes of petrol.
Specifically, while one of the ships; Malbec is expected to have berth yesterday (April 5) at the Single Bouy Mooring (SBM) facilities at Apapa port with 30698metric tonnes of petrol.
Similarly, three other ships; namely: Oceania, Han Scholl and Champion are expected to arrive at the jetties with 24,000metric tonnes, 31,123 metric tonnes and 23,000meteric tonnes respectively.
Apart from these, another ship; Armore Sea Leader is expected tomorrow (Thursday) with 37,145MT of the scarce commodity.
Also on Saturday, five other ships are expected in Lagos Port. They are: Nina, MSK Meddittrean, Torm Trinity and Cumbria, with a combined tonnage 111,172.679metric tonnes.
These arrivals, which are expected to cushion the effect of the acute scarcity comes even as Minister of State for Petroleum, Dr. Ibe Kachikwu, has reiterated the commitment of NNPC to end the lingering fuel scarcity in the country this week.
Kachikwu gave the assurance during an official visit to the Petroleum Products Pricing Regulatory Agency (PPPRA) yesterday in Abuja.
He said that by Thursday, there would be no queues in Abuja and Lagos filling stations.
“We have to take the right policies to see that things are done well.
“I hope that tomorrow slash Thursday queues in Abuja must have cleared; hopefully the same thing will happen in Lagos.
“By weekend, we will see same in Sokoto, Port-Harcourt, Warri and others,’’ he said.
He called on members of staff of the agency to continue to work diligently to ensure efficiency in the system.
The minister said that PPPRA remained a major stakeholder in the regulation of the sector.
Mrs Sotonye Iyoyo, the PPPRA Acting Executive Secretary, commended the minister and solicited his support for the smooth running of the agency.
Iyoyo said that the agency was faced with policy, operational and administrative challenges.
According to her, low capacity utilisation of nation’s refineries, inadequacy of import reception and discharge facilities are some of the operational challenges.
On administrative challenge, she said that the agency was currently understaffed as field operations were being supported by temporary staff.
She called for early resolution of these issues to help motivate staff to ensure result and increase in productivity.
The scribe said that going forward, the agency would want automation of the PPPRA operations for improved efficiency and transparency.
“Development of a pricing frame work to encourage local refining and discourage importation of petroleum products in long term.
“Immediate passage of the PIB to provide a vibrant legal and regulatory framework for the oil and gas industry,’’ she said.
On how to improve the supply of petrol, she said NNPC should negotiate with Indorama Petrochemical Eleme not to export cracked C5 especially during the fuel scarcity.
“Cracked C5 is an important refining blending component to boost PMS volume.
“The component can be supplied to the refinery in exchange for Propylene Rich Feed (PRF) from fluid catalytic cracking unit,’’ she said.
She said that the agency in conjunction with other stakeholders could work out the commercial frame work for the strategic fuel reserve.
Iyoyo said that marketers should encourage the development of Single Buoy Mooring to eliminate delays during discharge operations at the jetties.