Nigeria: Africa Petroleum’s Fuel Supply to Leviate Shortages
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Wednesday, 10 February 2010 |
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African Petroleum Plc, has placed an order for 10 cargoes of fuel,
which are expected to leviate the lingering nationwide fuel scarcity.
African Petroleum said that the order was placed with offshore
refiners, following the release of the first quarter 2010 Import Permit
for PMS by the Petroleum Products Pricing Regulatory Agency to
petroleum products marketers. According to the Chief Operating Officer
of the company, Mr. Tunde Falasinnu, the arrival of the cargoes will
not only wet the market with adequate supply, but will also ensure
steady distribution to all parts of the country.
Falasinnu said in a press statement, ”The company was strategic in the
efforts to ensure that petroleum products supplies reach all parts of
the country, as the company has over 500 fuel retail outlets spread
throughout the country as well as efficient transporters in its system
that can ensure effective distribution of the product. “We have four
regional offices, which are made up of nine district offices that
coordinate our activities in all parts of the country.
”AP Plc has been in the forefront of making sure petroleum products are
available to Nigerians at the official price, especially at this time
of acute shortage. This is made possible because of the company‘s
robust system, which keeps track of its distribution chain, training
and monitoring of its licensees, dealers, transporters and even station
managers and customer attendants in the outlets.‘‘
The statement added that despite the current challenges in securing
loan facilities from commercial banks, the company was able to import
all the cargoes allocated to it by PPPRA in the fourth quarter 2009
import permit for PMS.
PetrolWorld 080210
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