Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,775 members, 7,810,021 topics. Date: Friday, 26 April 2024 at 06:48 PM

Why Is Kerosene More Expensive Than Petrol ? - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Why Is Kerosene More Expensive Than Petrol ? (27913 Views)

Iyke Aaron Supervised The Sharing Of Kerosene In Abia State (Photos) / Show Your PVC And Collect Free Fuel And Food, Kerosene In Calabar / Why Is Kerosene More Expensive In Nigeria 280 Naira PL (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: Why Is Kerosene More Expensive Than Petrol ? by TheZeezle(m): 12:32pm On Aug 05, 2022
So that we can be using petrol to cook
Re: Why Is Kerosene More Expensive Than Petrol ? by CasNova: 12:36pm On Aug 05, 2022
Mide3367:
No subsidy on kerosine

Re: Why Is Kerosene More Expensive Than Petrol ? by Grandmeister(m): 12:37pm On Aug 05, 2022
naijapikin2:
Would you rather use petrol in your stove?
Just kidding grin
I've already wondered too.
Nigeria is just a land of confucius undecided
Lol back in service years I dey use diesel for stove then lol. It was free to get for me but it burns with more smoke.

1 Like 1 Share

Re: Why Is Kerosene More Expensive Than Petrol ? by landon(m): 12:39pm On Aug 05, 2022
Kerosene and diesel enjoy full deregulation. No subsidies on them.
If pms is fully deregulated today, the price will be in the same ballpark.

7 Likes

Re: Why Is Kerosene More Expensive Than Petrol ? by Stevosty: 12:40pm On Aug 05, 2022
Who are these people defending absurdity, where were they when kerosene was N50 and petrol was N65? When a government has no economic plan, looking for every avenue to take from the people, the government knows petrol is a no go area, decides to put it on kerosene and gas, therefore inflicting the pain on the common man.

2 Likes

Re: Why Is Kerosene More Expensive Than Petrol ? by Harrynight(m): 12:40pm On Aug 05, 2022
2aces:
That's because Kerosene is not only used in houses, its also used by planes as aviation fuel or jet fuel, thereby creating an increase in daily demand with limited supply, hence the high cost.
Secondly kero is more denser( heavier) than petrol and more refined than diesel, making the cost of production way more expensive than both.


Isn't aviation fuel different from Kerosene?
Ok even if plane fly with kerosene is still not a reason for the price skyrocketing

kerosene and petrol were about same price back them, how manage the sudden rise in production cost and petrol production cost still remain the same.

Tell me more

1 Like 1 Share

Re: Why Is Kerosene More Expensive Than Petrol ? by ALLNIGERIANSMAD(m): 12:40pm On Aug 05, 2022
Adiob200:
Hearing the news that kerosene is #800 per litre, and petrol is #200..and demand for petrol is higher than kerosene.. Why is it like that?
the reason why buhari is still the president of this stupid country is the same reason
Re: Why Is Kerosene More Expensive Than Petrol ? by ironheart(m): 12:43pm On Aug 05, 2022
lonelygem:


God bless you. I'm surprised Nigerians dont research. Ive tried to educate people on several valuable use of Kero beyond domestic cooking, back then when I was at the Depot, even Government value Kero more than anything. A typical importer might not be able to import kero more than once or twice a year and same importer brings in PMS and AGO 3 times a week.

And at every point Kero is discharged through our cargo line, it's a matter 2 hours or less, you just must see NNPC barge anchoring around the jetty waiting for the Kero vessel to disembark for it to batt and load same kero.

Kerosene known as DPK is same product treated as ATK and used for all aircraft and airplanes to move.

Kerosene has more value than PMS and it is responsible for high cost of aviation tickets in Nigeria today. There is high demand for Kero because many importers dont bring in Kero due to high cost of maintenance on it's storage.

STORAGE AND MAINTENANCE
As an importer, everytime you bring in Kero, you start preparing to receive it like a week before it arrives which is unlike bringing in other white products.

There is a process of evacuation which involves opening of man holes on both sides, providing kits for maintenance team to go into the tanks that has concealed over 10 million PMS for over 6 years with PMS still in there..

We used to dress fully kitted with oxygen gas bottles on our back, with high pressure jets capable of throwing 5 adults off their feet.

God forbid you miss your step and your gas cylinder or mask goes of, before you crawl your way back to the Manhole, you might have give up the ghost.

So, on average, importers spend about 6 Million for storage of DPK. And the process takes a whole week which is not so in PMS and AGO

We dedicate tanks for various products. But not in a case of DPK that you bring in just once in 4 years. In that case, whenever you are bringing in DPK, you must do thorough evacuation which would even make you lose about 8000 litres of the initial product, make you contract evacuation and proper venting of the tank, and wait for DPR to come and confirm and sign that the tank is safe for storage.


nice information, this is what a proper forum is meant for. Education. Not all these yeye bbn news we get every now and then.

7 Likes 1 Share

Re: Why Is Kerosene More Expensive Than Petrol ? by Brushstrokes20: 12:43pm On Aug 05, 2022
Because the lifeless disaster is in charge undecided
What buhari cannot destroy does not exist undecided
Re: Why Is Kerosene More Expensive Than Petrol ? by Harrynight(m): 12:44pm On Aug 05, 2022
SlayerofSatan:
There's greater demand for kerosene. There are fewer users of petrol because there are fewer car owners and generator owners, so the demand for it, especially when compared with the demand for kerosene, is relatively low.

Only about 10% of Nigerians use petrol, whereas over 60% use kerosene, mostly for cooking.




That can't be the reason, going by your statistics there have always been more demand for kerosene right from time and the price was as low as or a little above petrol price back then

2 Likes

Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 12:44pm On Aug 05, 2022
Adiob200:
Hearing the news that kerosene is #800 per litre, and petrol is #200..and demand for petrol is higher than kerosene.. Why is it like that?



They want average Nig families to experience all round hardship! Why must the average family use cooking gas or kerosene stove, they should go for firewood or sawdust. Even charcoal is so expensive now sad Nigeria oooo
Re: Why Is Kerosene More Expensive Than Petrol ? by Harrynight(m): 12:45pm On Aug 05, 2022
Immatex:

The real reason Kerosene is expensive is because it's the raw material for jet fuel.

Helicopters use Kerosene as fuel too.

Jet fuel is made from the Futher breakdown of Kerosene.

So Kerosene used for cooking is competing with Jets and Helicopters thus the high price.


Is helicopter and jet jus started to use this kerosene
Aint they been using all along
Re: Why Is Kerosene More Expensive Than Petrol ? by Praise202(m): 12:47pm On Aug 05, 2022
Because we have more poor people depending on the kerosene than petrol
Re: Why Is Kerosene More Expensive Than Petrol ? by BeardGangJnr1(m): 12:47pm On Aug 05, 2022
xcesspaschal:
That's because, it's from kerosene u get others.
I thot na from gaseus fuel, (methane, natural gas and propane) Dem the produce others?
Re: Why Is Kerosene More Expensive Than Petrol ? by Misterone: 12:48pm On Aug 05, 2022
2aces:
That's because Kerosene is not only used in houses, its also used by planes as aviation fuel or jet fuel, thereby creating an increase in daily demand with limited supply, hence the high cost.
Secondly kero is more denser( heavier) than petrol and more refined than diesel, making the cost of production way more expensive than both.
Mr. Chemist, more dense gini! You just wrote rubbish. The simple answer is that there's a subsidy on petrol. Price has nothing to do with being dense or light but on the cost of crude oil and the value of the dollar in Naira because petroleum products are priced in dollars.

2 Likes

Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 12:48pm On Aug 05, 2022
2aces:
That's because Kerosene is not only used in houses, its also used by planes as aviation fuel or jet fuel, thereby creating an increase in daily demand with limited supply, hence the high cost.
Secondly kero is more denser( heavier) than petrol and more refined than diesel, making the cost of production way more expensive than both.

My brother, thanks for educating them. Kero is almost the same as Jet fuel. Nigeria cannot remove subsidy on diesel and pay subsidy on Jet fuel. It is the removal of subsidy on Kero and cost of production that makes Kero expensive.

Most of the times, people don't know what is happening. Those making money from subsidies instigate the masses to fight government against subsidy removal because of their interest. The corruption in subsidy payment and the fact that the rich though very few in number benefit more than the poor under subsidy regime makes its removal imperative.

2 Likes 1 Share

Re: Why Is Kerosene More Expensive Than Petrol ? by francotunsco: 12:48pm On Aug 05, 2022
The same reason onions and tomatoes became more expensive than apple at a time. Now, it has changed. We hope this too shall pass...
Re: Why Is Kerosene More Expensive Than Petrol ? by Harrynight(m): 12:50pm On Aug 05, 2022
lonelygem:


God bless you. I'm surprised Nigerians dont research. Ive tried to educate people on several valuable use of Kero beyond domestic cooking, back then when I was at the Depot, even Government value Kero more than anything. A typical importer might not be able to import kero more than once or twice a year and same importer brings in PMS and AGO 3 times a week.

And at every point Kero is discharged through our cargo line, it's a matter 2 hours or less, you just must see NNPC barge anchoring around the jetty waiting for the Kero vessel to disembark for it to batt and load same kero.

Kerosene known as DPK is same product treated as ATK and used for all aircraft and airplanes to move.

Kerosene has more value than PMS and it is responsible for high cost of aviation tickets in Nigeria today. There is high demand for Kero because many importers dont bring in Kero due to high cost of maintenance on it's storage.

STORAGE AND MAINTENANCE
As an importer, everytime you bring in Kero, you start preparing to receive it like a week before it arrives which is unlike bringing in other white products.

There is a process of evacuation which involves opening of man holes on both sides, providing kits for maintenance team to go into the tanks that has concealed over 10 million PMS for over 6 years with PMS still in there..

We used to dress fully kitted with oxygen gas bottles on our back, with high pressure jets capable of throwing 5 adults off their feet.

God forbid you miss your step and your gas cylinder or mask goes of, before you crawl your way back to the Manhole, you might have give up the ghost.

So, on average, importers spend about 6 Million for storage of DPK. And the process takes a whole week which is not so in PMS and AGO

We dedicate tanks for various products. But not in a case of DPK that you bring in just once in 4 years. In that case, whenever you are bringing in DPK, you must do thorough evacuation which would even make you lose about 8000 litres of the initial product, make you contract evacuation and proper venting of the tank, and wait for DPR to come and confirm and sign that the tank is safe for storage.




This kero has always been used for cooking and as aviation fuel when the price was relative low, like a little above the price of petrol is its not new,

Why the sudden price skyrocketing?
Re: Why Is Kerosene More Expensive Than Petrol ? by LadyTara(f): 12:50pm On Aug 05, 2022
lonelygem:


God bless you. I'm surprised Nigerians dont research. Ive tried to educate people on several valuable use of Kero beyond domestic cooking, back then when I was at the Depot, even Government value Kero more than anything. A typical importer might not be able to import kero more than once or twice a year and same importer brings in PMS and AGO 3 times a week.

And at every point Kero is discharged through our cargo line, it's a matter 2 hours or less, you just must see NNPC barge anchoring around the jetty waiting for the Kero vessel to disembark for it to batt and load same kero.

Kerosene known as DPK is same product treated as ATK and used for all aircraft and airplanes to move.

Kerosene has more value than PMS and it is responsible for high cost of aviation tickets in Nigeria today. There is high demand for Kero because many importers dont bring in Kero due to high cost of maintenance on it's storage.

STORAGE AND MAINTENANCE
As an importer, everytime you bring in Kero, you start preparing to receive it like a week before it arrives which is unlike bringing in other white products.

There is a process of evacuation which involves opening of man holes on both sides, providing kits for maintenance team to go into the tanks that has concealed over 10 million PMS for over 6 years with PMS still in there..

We used to dress fully kitted with oxygen gas bottles on our back, with high pressure jets capable of throwing 5 adults off their feet.

God forbid you miss your step and your gas cylinder or mask goes of, before you crawl your way back to the Manhole, you might have give up the ghost.

So, on average, importers spend about 6 Million for storage of DPK. And the process takes a whole week which is not so in PMS and AGO

We dedicate tanks for various products. But not in a case of DPK that you bring in just once in 4 years. In that case, whenever you are bringing in DPK, you must do thorough evacuation which would even make you lose about 8000 litres of the initial product, make you contract evacuation and proper venting of the tank, and wait for DPR to come and confirm and sign that the tank is safe for storage.


wow, enlightening.

1 Like

Re: Why Is Kerosene More Expensive Than Petrol ? by MiaBeer(m): 12:50pm On Aug 05, 2022
Question:
Why is kerosene more expensive than petrol?

Answer: Because Nigeria is not a normal Country.
Re: Why Is Kerosene More Expensive Than Petrol ? by ufotunang: 12:50pm On Aug 05, 2022
It's because fuel is subsidized by the federal government... fuel subsidy is paid on fuel... if not we will be buying fuel for 1000 naira per litre
Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 12:51pm On Aug 05, 2022
Adiob200:
Hearing the news that kerosene is #800 per litre, and petrol is #200..and demand for petrol is higher than kerosene.. Why is it like that?

In 2013, kerosene was deregulated. That means that government no longer pays a subsidy for the product specifically...meaning that kerosene price is set by the market directly.

Petrol has not been deregulated. As such, government has NNPC sell petrol to the market at a price below the cost of production and transport, and pays a subsidy to cover the resulting loss. Sometimes government removes part of the money from the subsidy if the cost gets too much...meaning that the price of petrol rises accordingly , or increases it a bit.

1 Like

Re: Why Is Kerosene More Expensive Than Petrol ? by Bearfruit(f): 12:51pm On Aug 05, 2022
the poor should not eat that is why,and do anything to make money, become vain.pursue vanity till you loss your soul that is why.
Re: Why Is Kerosene More Expensive Than Petrol ? by just2endowed: 12:52pm On Aug 05, 2022
Shalommy:
They wanna force everyone to use gas. Chaii
gas is 850 or what are u saying.
Re: Why Is Kerosene More Expensive Than Petrol ? by Harrynight(m): 12:53pm On Aug 05, 2022
GamalNasser:
Because it has zero subsidy on it

You maybe right!

Not those people saying because it's also used as aviation fuel, as if they just Started using kero as aviation fuel

3 Likes

Re: Why Is Kerosene More Expensive Than Petrol ? by ufotunang: 12:53pm On Aug 05, 2022
Fryzi:
I have been wanting to know this. Nice thread.
..it's because fuel is subsidized by the federal government... subsidy is paid on fuel...if not we will had been buying fuel at 1000 naira per litre

2 Likes 1 Share

Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 12:54pm On Aug 05, 2022
Adiob200:
Hearing the news that kerosene is #800 per litre, and petrol is #200..and demand for petrol is higher than kerosene.. Why is it like that?

Kerosine follows the price of diesel because it’s used to make diesel. The right mixture of condemn engine oil and kerosine will give you fake diesel. Ever wonder why condemn engine oil is in high demand?

It’s also used as JET A1 fuel and also for other industrial uses. Kerosine will always follow the price of diesel cos the point one above.

1 Like

Re: Why Is Kerosene More Expensive Than Petrol ? by LOVEGINO(m): 12:54pm On Aug 05, 2022
Adiob200:
Hearing the news that kerosene is #800 per litre, and petrol is #200..and demand for petrol is higher than kerosene.. Why is it like that?
we think say dis tin na play abi? Not funny oooo
Re: Why Is Kerosene More Expensive Than Petrol ? by Prince111111: 12:54pm On Aug 05, 2022
Kerosene is a deregulated commodity which its price is determined by demands

1 Like

Re: Why Is Kerosene More Expensive Than Petrol ? by GamalNasser: 12:58pm On Aug 05, 2022
Harrynight:


You maybe right!

Not those people saying because it's also used as aviation fuel, as if they just Started using kero as aviation fuel

The form of kerosene used as aviation fuel is different, it goes through one more round of distillation and has anti flash additives and antifreeze added to it to make it more stable for high altitude and jet turbine operation..

3 Likes 2 Shares

Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 12:59pm On Aug 05, 2022
800 per kg of gas[b][/b][b][/b]

(1) (2) (3) (4) (5) (6) (7) (Reply)

Okorocha & His Wife Feed Children & Women In His Home In Ogboko, Imo / Boko Haram, Soldiers In Gun Battle In Yobe Town - Daily Post / Yahaya Bello Appoints Achu­ba As Deputy Governor

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 59
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.