Attempt To Withdraw Adulterated PMS Cuase of Panic Buying – (NMDPRA)

By Publisher
2 Min Read

The Nigerian Midstream And Downstream Petroleum Regulatory Authority (NMDPRA) has said that limited quantity of Premium Motor Spirit (PMS), popularly referred to as Petrol, with abnornal quantities of Methanol above Nigeria’s specification discovered in Nigeria’s supply chain and its isolation and withdrawal from the market, is the cause of the panic buying of Petrol in Nigeria.

This was made know through a press release by NMDPRA in Abuja. Below is a full text the press release:

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) wishes to inform the general public that – limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain.

Methanol is a regular additive in Petrol and usually blended in an acceptable quantity.

To ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from the market, including the loaded trucks in transit

Our technical team in conjunction with NNPC Ltd and other industry stakeholders, will continue to monitor and ensure quality petroleum products are adequately supplied and distributed nationwide.

The source supplier has been identified and further commercial and appropriate actions shall be taken by the Authority and NNPC Ltd.

NNPC Ltd and all Oil Marketing Companies have been directed to sustain sufficient distribution of Petrol in all retail outlets nationwide.

Meanwhile, NNPC has intensified efforts at increasing the supply of Petrol into the market in order to bridge any unforeseen supply gap.

Issued by: Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority).

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