₦airaland Forum

Independent Petroleum Marketers Association of Nigeria, IPMAN, yesterday expressed optimism that its members would be able to load products from the Port Harcourt refinery this week.

The NNPC Limited owned 60,000 barrels per day refinery which commenced operations last week is said to be refining at 70 percent capacity.

Speaking to Vanguard, the Public Relations Officer, IPMAN, Chief Chinedu Ukadike, said the refinery currently supplies only NNPC retail and a few marketers.

Ukadike explained that with the expected increase in the supply of petroleum products from the refinery, independent marketers were expected to load products from the facility.

He also disclosed that marketers were now lifting directly from Dangote Refinery after the deal reached with the management and the decision of the refinery to reduce the minimum bulk purchase for marketers to two million litres for petrol.

“Our members are buying products from Dangote Refinery because Dangote has finally reduced the minimum quantity of bulk purchase to two million litres. So most of our members are now able to access it”.

Ukadike pointed out that getting access to load directly from the refineries has made the market more competitive as independent marketers are now able to compete with other major marketers.

“Petroleum products distribution has been smooth and there are no queues but what you will see is a bit of price differentials. This is the beauty of deregulation. Not only that but with the coming onstream of Port Harcourt Refinery there is also less pressure on Dangote products.

“Although most marketers have not started accessing products from Port Harcourt refinery hopefully by next week (this week), according to an official of NNPC, they will have enough to accommodate independent marketers”.

PressMyButton:
Those wailers who were saying until IPMAN talks, before they believe. Now that IPMAN has spoken, what else?. They will now say until Elon Musk speaks before they believe the PH refinery is producing.


After God, na Tinubu 💪 God bless Nigeria

seunowa:
Many of them are elevated Illiterates. ignorance mixed with foolishness runs in their lineage. May God heal their mental health.
After God, Na Tinubu 💪💪😂😂
Nigeria shall be great again.

PressMyButton:
Them never see anything, Tinubu will make his enemies run mad.

seunowa:
Many of them have lost their brains . May God restore them because their foolishness with ignorance is inherent.

PressMyButton:
Yu still dey pray for them?, those people that can attack God if he says anything positive about Tinubu. Me, i don't waste my prayers.

PressMyButton:
Those wailers who were saying until IPMAN talks, before they believe. Now that IPMAN has spoken, what else?. They will now say until Elon Musk speaks before they believe the PH refinery is producing.


After God, na Tinubu 💪 God bless Nigeria

PressMyButton:
Those wailers who were saying until IPMAN talks, before they believe. Now that IPMAN has spoken, what else?. They will now say until Elon Musk speaks before they believe the PH refinery is producing.


After God, na Tinubu 💪 God bless Nigeria

seunowa:
Lol.... Their ignorance is nauseating.

Earthquakes:
You are really intelligent, no wonder imported PMS is cheaper than the one processed in the country and as intelligent as you are you found nothing wrong with it.
After all after God na tinubu before Mohammed

PressMyButton:
Them never see anything, Tinubu will make his enemies run mad.

PressMyButton:
Those wailers who were saying until IPMAN talks, before they believe. Now that IPMAN has spoken, what else?. They will now say until Elon Musk speaks before they believe the PH refinery is producing.


After God, na Tinubu 💪 God bless Nigeria

seunowa:
There's nothing wrong with importing PMS. This is just to eliminate monopoly. Have ever ask yourself, y Saudi Arabia and United Arab emirate are still importing PMS and crude oil from Nigeria despite having crude-oil and refineries in their domains.
You need to quit dis habit of someone thinking for you before you can make informed opinions

Kukutente23:
Independent Petroleum Marketers Association of Nigeria, IPMAN, yesterday expressed optimism

Learn to read and understand simple English. If I come to ask you if you will buy groceries from your neighbour who has spoken of starting a grocery shop, will you say No you will not buy? Even NNPC has said they are selling to NNPC outlets alone for now. Let the refinery start selling at N300 to independent marketers then we can have something serious to talk about

Kukutente23:
Oh good. Since we are now comparing with Saudi and UAE, when will fuel price become as cheap for Nigerians as it is for Saudi and UAE citizens

Abiodunstephen:
Am sorry to differ on this, Saudi pms is not cheap.
We know what we are buying here. 2.3SAR/liter is not cheap.
Compare to dollar 1$ is 3.47sar so buying fuel in almost 1$ is very cost and the money is not easy to make.

PressMyButton:
So, you can't walk into the grocery shop to see the groceries you want to buy with your two eyes. By the way, what are you expecting NNPC to sell?, is PH refinery working?, no longer a scam?.
Una mind no go touch ground.

Kukutente23:
Mugu. That is exactly what I am pointing to you.

Explain how NNPC that owns the crude, owns the refinery still sells products more expensive than Dangote that buys crude and still has debt to pay in dollars over the refinery.

Make it make sense pls

PressMyButton:
They mine the crude free of charge? Or they use hose to collect it from the wells?.. stop smoking, boy.

Kukutente23:
Oh good. Since we are now comparing with Saudi and UAE, when will fuel price become as cheap for Nigerians as it is for Saudi and UAE citizens