There seems to be raised hope as The Nigerian National Petroleum Corporation (NNPC) on Thursday announced that at the moment the company had a minimum of 27 days fuel supply sufficiency level.
This was a statement made by The Managing Director of the Pipeline and Products Marketing Company, Haruna Momoh during the tour of some filling stations in Abuja by the Group Managing Director of the NNPC, Joseph Dawha, to ascertain the situation, just as the fuel supply crisis appear to be easing gradually in the last few days.
He, however, assured that the recent supply crisis would be resolved completely soon when the on-going rehabilitation and turnaround maintenance of the Port Harcourt Refining Company Limited is completed in July 2015.
Mr. Momoh said when the repairs are completed the facility would run at a minimum of 80 per cent of installed operational capacity, refining and supplying about 5million litres of petrol daily.
The repair of the country’s four refineries has been hampered since 2012 by the refusal on more than one occasion of the original builders of the four refineries to handle the maintenance contracts.
The major marketers are made up of members of the Major Oil Marketers Association of Nigeria – Total, Mobil, Oando, ForteOil, MRS, and Conoil while the independent marketers are made up of the Independent Petroleum Marketers Association of Nigerian as well as the Depot & Petroleum Products Marketers Association.
The NNPC GMD warned the public to desist from panic fuel buying, hoarding and patronage of black marketers, urging marketers to sustain the effort to supply and distribute petroleum products across the country.
He said the corporation through its subsidiary, NNPC Retail Limited, has lifted and supplied petrol to its mega and affiliate filling stations in Abuja and environs as well as across the federation.