Tag: PETROAN

PETROAN Disputes Claims of Lifting Petrol from P'Harcourt Refinery   The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has denied lifting Premium Motor Spirit (petrol) from the Port Harcourt Refining Company, managed by the Nigerian National Petroleum Company Limited in Rivers State. Based on its...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the Dangote Refinery’s forward integration adoption could lead to a monopoly in disguise.

Six depot owners across the country have reduced the prices of petrol as competition increases in the downstream sector of the petroleum industry.

The Petroleum Products Retail Outlets Owners Association of Nigeria has asked the Nigerian National Petroleum Company Limited to give it a timeline for the completion of the new 210,000 barrels per day Port Harcourt refinery.

Marketers Caution FG on Hasty Fuel Import Ban   Marketers have argued that Nigeria cannot ban fuel importation now, saying the country’s refining capacity is still low. The marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlet...

Petrol Landing Cost Hits N870, Surpasses Dangote’s Price   The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have shown. This is even as the price offered by the Dangote Petroleum Refinery threatened...