….Approves 7 Marketers For Product Lifting The Dangote Refinery, the largest single-train refinery in the world, has commenced the refining of Automotive Gas Oil (also known as diesel) and Aviation fuel (Jet AI) about seven months after its inauguration seven months ago. The refinery began operations in the early hours of Friday following the earlier […]
The Major Oil Marketers Association of Nigeria (MOMAN) on Monday refuted claims by airlines’ owners that Aviation Turbine Kerosene (ATK), also known as aviation fuel, was being sold at N700 per litre in some parts of the country. The association’s Executive Secretary, MOMAN, Mr. Isong reportedly debunked the claims during an interview with the News […]
The Nigerian National Petroleum Company Limited (NNPCL) has said that it will deliver over 1.7 billion litres of PMS on marine and on land as the fuel scarcity persists nationwide, maintaining that there are no plans to raise PMS pump price now. The Group Managing Director of the company, Malam Mele Kyari, who made these […]
The Nigerian National Petroleum Corporation (NNPC) may have spent about N835 billion higher on petroleum subsidy in the first nine months of this year than it did last year based on imported products’ data provided by the Petroleum Products Marketing Company (PPMC) and the Department of Petroleum Resources. The official data provided by the two […]
The Major Oil Marketers Association of Nigeria (MOMAN) On Monday appealed to the Federal Government to pay the N130.7 billion outstanding subsidy debts owed its members nationwide. The Chairman of the association, Mr Andrew Gbodume, made the appeal while briefing Energy Correspondents in Lagos on the state of the indebtedness and its negative implication for […]
Leading oil marketers in the country under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have appealed to the Federal Government to accelerate the payment of over N650 billion subsidy arrears owed them to enable them meet their loan repayment obligations to their banks. Members of the association comprise, the Independent Petroleum Marketers […]