Firms Imported Gas From US, Algeria In August – PPPRA             Of the 85,264.8 Metric Tonnes of Liquefied Petroleum Gas consumed in the country in August, 38,040.46MT were imported. The Petroleum Products Pricing Regulatory Agency stated in a statement made available to our correspondent on Thursday. The statement...

PPPRA Says Fuel Price Remains Until FG, Labour End Negotiations       The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the downstream oil sector. It was, however, quick to state that the negotiations between the Federal Government...

Domestic Gas Consumption Rises, Exceeds 1m MT - PPPRA       The Petroleum Products Pricing Regulatory Agency on Tuesday announced that the consumption of Liquefied Petroleum Gas in Nigeria, popularly called cooking gas, exceeded one million metric tonnes in 2020. The PPPRA said this made 2020 the first...

PPPRA Warns Petrol Marketers Against Profiteering         The Petroleum Products Pricing Regulatory Agency (PPPRA) has warned marketers of Premium Motor Spirit (PMS) and other petrol products against profiteering during the new year celebration and beyond. The Executive Secretary of the Agency, Abdulkadir Saidu, who issued the warning...

PPPRA Gazettes Market-based Pricing Regime For Petrol     The Petroleum Products Pricing Regulatory Agency has gazetted a market-based pricing regime for petrol. Spokesperson of the agency, Kimchi Apollo, stated on Wednesday that with the new gazette, oil marketers were now empowered to fix petrol price in accordance...

Oil Marketers Now Free To Fix Prices - PPPRA       The Federal Government is no more going to be releasing guiding price bands for the sale of petrol at filling stations; hence, oil marketers are now free to fix prices. On March 19, 2020, the government, through...