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JUST IN: NMDPRA Allay Fears On High Methanol Petrol In Circulation

Tgmedia by Tgmedia
February 8, 2022
in Energy, Trending News
0
High Methanol Petrol In Circulation

JUST IN: NMDPRA Allay Fears On High Methanol Petrol In Circulation

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JUST IN: NMDPRA Allay Fears On High Methanol Petrol In Circulation—The Genius Media Nigeria reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) responsible for midstream and downstream regulation has allayed public fears over high methanol content in limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol.

TGM gathered that Methanol is a regular additive in Petrol and usually blended in an acceptable quantity.

High Methanol Petrol In Circulation
JUST IN: NMDPRA Allay Fears On High Methanol Petrol In Circulation

This was made known by the agency made via the press release made available to THE GENIUS MEDIA NIGERIA telling Nigerians that a limited quantity of the product was discovered in the supply chain and was promptly contained.

The agency further stated that in consideration of the safety of vehicular and equipment exposed to its use, the isolated limited quantity have been withdrawn from the market, including loaded supply trucks in transit.

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The statement assured Nigerians that all stakeholders in the supply chain have been mobilized to monitor and ensure quality petroleum products are adequately supplied and distributed around the country.

Below is the statement:
1. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) wishes to inform the general public that limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain.

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  1. Methanol is a regular additive in Petrol and usually blended in an acceptable quantity.

  2. To ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from the market, including the loaded trucks in transit.

  3. 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.

  4. The source supplier has been identified and further commercial and appropriate actions shall be taken by the Authority and NNPC Ltd.

  5. NNPC Ltd and all Oil Marketing Companies have been directed to sustain sufficient distribution of Petrol in all retail outlets nationwide.

  6. Meanwhile, NNPC has intensified efforts at increasing the supply of Petrol into the market in order to bridge any unforeseen supply gap.

Issued by:
Nigerian Midstream and Downstream Regulatory Authority (The Authority)

8th February 2022

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