The Executive Director of Distribution Systems Storage and Retailing Infrastructure of the Nigerian Mainstream and Downstream Petroleum Regulator Authority (NMDPRA), Ogbugo Ukoha has said the coming onstream of Dangote Refinery in the country’s petroleum sector will be a game changer.
In an interview on Channels TV monitored by ABN TV, Ukoha said when fully operational, it will come along with LPG in the stations, PMS, CNG, unlike what is obtainable at the moment.
He said, “The Dangote Refinery with the capacity of refining 650 barrels of crude per day is almost on stream. They are at the pre-commissioning stage where we are testing each priority stage of the refining process.
“At the point where they are, we are currently producing 80k intermediate products including AGO. So when the full commissioning of Dangote Refinery comes, forget about what many people say about that, it’s a game changer, not just for Nigeria but for the sub-region”, he said.
According to him, previously there was only an option to buy AGO, DPK (kerosene), and PMS which is petrol. Dangote Refinery he said will come with the options of LPG in the stations, PMS, CNG, saying NMDPRA is working towards that.
According to him, the late arrival of petroleum vessels is responsible for the supply shortage experienced across many retail outlets in the country which has led to scarcity.
He said when available petroleum storage begins to drop, it leads to hoarding among retailers.
He therefore expressed hope that the marine stock which has arrived will be flipped into inland at different corridors and trucked out to disperse the queues at the filling stations.