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Nigeria has 977.31m litres of PMS in land, marine depots

Ola Simeon by Ola Simeon
December 23, 2015
in Breaking News, Business, Energy, News
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Nigeria currently has about 977.31 million litres of Premium Motor Spirit (PMS) in its land and marine depots, the National PMS Evacuation Report has stated.
The report, which was released on Wednesday in Abuja, noted that the reserve would be enough to last the country for 24 days.
The NNPC in the report stated that 914 truckloads of fuel had been dispatched to petrol stations across the country.
It added that 1,939 trucks, conveying 64.04 million litres of the products, had been evacuated from its coastal depots to inland depots in the country.
Giving a breakdown of its PMS sufficiency, the NNPC report stated that the country had 321.23 million litres of PMS in its land reserves and 656.08 million litres in its marine reserves.

Quoting data received from the Petroleum Products Pricing and Regulatory Agency (PPPRA), the report further stated that 13 vessels were currently discharging or awaiting clearance to discharge a combined quantity of 314.454 million litres of PMS.

The report stated that five of the vessels were conveying products belonging to the Pipelines and Products Marketing Company while two of the vessels were discharging product belonging to the NNPC.

It added that Total, Techno Oil, Folawiyo, Matrix Energy and Rain Oil, each had one vessel.

Tags: petrol
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.