The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the withdrawal of a limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, from circulation in the Nigerian market.
In a statement, the Regulatory Authority said the substandard product, discovered in the supply xchain, was mixed with methanol quantities above Nigeria’s standard specification.
According to the statement, Methanol is a regular additive in Petrol and usually blended in an acceptable quantity.
The statement read in part: “To ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from the market, including the loaded trucks in transit
“Our technical team in conjunction with NNPC Ltd and other industry stakeholders, will continue to monitor and ensure quality petroleum products are adequately supplied and distributed nationwide.
“The source supplier has been identified and further commercial and appropriate actions shall be taken by the Authority and NNPC Ltd.
“NNPC Ltd and all Oil Marketing Companies have been directed to sustain sufficient distribution of Petrol in all retail outlets nationwide.”
“Meanwhile, NNPC has intensified efforts at increasing the supply of Petrol into the market in order to bridge any unforeseen supply gap. ” The NMDPRA noted.
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