Category: Energy

  • Clean-up: Excited Ogoni indigenes eager to go back to farming

    Clean-up: Excited Ogoni indigenes eager to go back to farming

    Ogoni people are excited over the government’s plan to clean up their environment as that will make them go back to their traditional jobs of farming and fishing, as well as enjoy unpolluted air, writes AKINOLA AJIBADE.

    Ogoni sons and daughters appear set to return to their traditional occupation of farming, and fishing as the Federal Government embarks on the  long overdue clean-up of their environment that has been destroyed by oil spills.

    The clean up exercise, which the government promised to be in line with the United Nations Environment Programme(UNEP) recommendations, was not only greeted with applause  among the people of Ogoniland, it has also marked the dawn of a new era for the people who have for long not been engaging in fishing and farming because oil spills that polluted their lands and waters.

    With the Federal Government planning to stick to UNEP’s report which stated that stakeholders in the Niger Delta region must  work together to restore polluted environments and put an end to all forms of contaminations in the oil producing region, better days are ahead for people of Ogoniland, who are seriously looking for opportunties to go back to their traditional jobs.

    The Chairman, Council of Chiefs, Bodo Communities in Kogana Local Government of Rivers State, Mene Slyvester Kogbara, said the over 16,000 residents of the communities cannot wait to go back to  fishing, farming, palm oil production, palmwine tapping and other activities as government plans to clean up their land and rivers in order restore their natural habitats.

    He said Ogoniland people are originally fishermen and farmers, adding that they have been practising the occupations for decades.

    He said: ‘’Historically, the Ogoniland have been cut off from their roots since they are unable to use their lands and rivers for fishing, due to oil spills.  While some engage in subsistence farming, others are into mechanised farming. The same applies to fishing.  With oil exploration activities destroying their aquatic lives, farmlands, forests and other natural habitats, the people of Ogoniland have no choice than to do jobs that are not satisfactory to them.  Now that Federal Government is planning to  clean up our land, we would definitely go back to farming and others. ‘’

    He said farmlands covering  12,000 acres was destroyed by oil spills, stressing that his people would be able to practise farming well, once the government cleans up the land.

    ‘’This aside, land used for cash crops, farming and fishing by my people was destroyed. They are used to those jobs and they cannot do any other jobs.  That is why we told Shell Petroleum Development Company (SPDC) that payment of compensation was not enough. They (the Company) should clean up our land and waters. No matter the amount Shell paid us, we would squander the money once we do not have areas to invest the money in.  My people know the importance of farming and fishing, and would not hesitate to invest the money  Shell paid them in the two activities,” he added.

    Also, the Director of Environment, Centre for Environment, Human Rights and Development (CHERD), Obodoekwe Styvn, said the people of Ogoniland are eager to go back to farming and fishing once the government cleans up their land.

    He said the Ogoni people are praying that the government should do correct clean up/remediation so that they can go back to their traditional occupations. He said Ogoniland is made up of  local people who would always like to cling  on to their traditional ways of life despite all odds, stressing that such people would want to go back to fishing or farming which they were forced to abandon by oil pollutions.

    ‘’Ogonis are of farmers and fishers folks. Even with polluted environment, many still do farming and fishing, although they have to toil much more than before to get little or no yields. Some go to far distances in order to do the jobs upon which they depend for survival. Farming and fishing among other local economic activities will certainly be boosted if ogoni environment is properly restored. Yes, people will go back to their original occupation. Moreover, whether they want to go back to their traditional occupation or not, ogonis, like others, are entitled to clean environment.’’ Obodoekwe said.

    According to him, the Ogoni people are tired of living like endangered species, and are ready to go back  to local activities like farming and fishing, if their environment is properly restored by the government.

    Obodoekwe said the people are anxious to go back to farming and fishing, despite the UNEP report which stated that it would take about 30 years to clean the mess caused by oil pollution and return the environment to a useful and productive area.

    Sharing Obodoekwe views was,  the Business Development Manager, Cerase Environmental Services, Gloria Igboji, who said it is high time Shell, the communities and the Federal Government worked together to end clean-up Ogoniland, and return the people to their traditional occupation.

    She said failure to  clean up the Ogoniland in time, means  inhabitants of the area would not be able to do farming and fishing, which are their major occupations.

    She advised the government to compel institutions that would clean the oil polluted areas to use quality chemicals to avoid a re-occurrence of the problems, adding such efforts would make the Ogoni people to back to their traditional jobs.

    In a related development, Shell has welcome leadership shown by President Buhari in setting up governance structure for implementation of the United Nations Environmental Programme’s report on the cleaning of oil polluted communities the Niger-Delta region.

    Shell, according to its Spokesman, Precious Okolobo, said its ready to identify with the government’s aspirations to clean up Ogoniland in order to restore normalcy in the area.

    The firm said the oil-polluted communities and the Non-Governmental Organisations (NGOs) were helping its resolve to ensure a cleaner and friendly atmosphere in areas where it is producing oil in the Niger-Delta region.

    Shell said its not only  committed to deliver the UNEP recommendations directed to it as operator of the SPDC Joint Venture, but would continue to work with the Federal  Government and its joint venture partners in order to take the implementation of the UNEP report forward, and contribute to the growth of the communities where it operates.

    Shell added: ‘’ We’re greatly encouraged by the positive and constructive response from representatives of the communities, non-governmental organisations, and the civil society in the Niger-Delta. This is an important step forward and SPDC is determined to play its part in maintaining the momentum.’’

    The firm said it has taken some measures to remove the spills, caused by its oil exploration activities in the Niger-Delta, arguing that its wholly in support of any move to rid the area of pollutants.

    The company said it has cleaned up 47 out of the 50 pipelines that were vandalised, and employed contractors to protect the pipelines, as part of efforts to reduce oil spills in Ogoniland.

    The firm said it has promised to contribute to $1billion Ogoniland Restoration Fund, while appearing before the House of Representatives Committee on Environment in 2014.

    Shell and the Bodo Communities have been at logger heads over the embroiled cleaning of the oil polluted areas.  The two parties have been trading blames on the issue of cleaning the oil polluted areas.

    While Shell, on one hand, accused the communities of not cooperating with it to clean up the spills which, occurred as a result of its oil exploration activities, the communities, on the other hand, alleged that Shell was not applying the right chemicals to clean the land.  This informed the decision of Shell to appear before the House of Representatives Committee on Environment in 2004 to explain the reason for the delay in cleaning up the Ogoniland, years after the land was destroyed by oil spills.

  • NNPC targets 90% output from refineries

    NNPC targets 90% output from refineries

    With the ongoing rehabilitation of the refineries, the Nigerian National Petroleum Corporation (NNPC) said it expects to step up their refining output to 90 per cent of the installed capacities on the completion of the repairs.

    NNPC’s General Manager Services, Abubakar Muhammed stated this at the ongoing four days and 38th edition of the International conference and exhibitions of the Society of Petroleum Engineers (SPE)  in Lagos, themed “Natural Gas Development and Exploitation in an Emerging Economy: Strategies, Infrastructure and Policy Framework.” He said the nation’s four refineries would be operating at 90 per cent capacity after the completion of the ongoing turn around maintenance (TAM).

    Muhammed said out of the 90 per cent production capacity, about 40 per cent would be premium motor spirit (petrol) adding that additional refineries would be expected in the long and short term to increase the country’s refining capacity and domestic consumption. He said the Federal Government was committed to the refinery project, gas development and revival of gas infrastructure.

    According to him, the nation is expectant of the passage of the Petroleum Industry Bill (PIB) that would define the future of the country’s oil, gas production and power generation. “The PIB has been in the pipeline for 15 years. We are hopeful that the present legislature will address the bill,” he said.

    He stated that crude oil theft has been a major challenge in the country, adding that the criminal act has impacted on the average sale of government’s equity crude putting the cost to NNPC/joint venture at an average of about $600 million per month. This  comes at a time when the cash call budget has remained unattainable in the last few years, he added.

    “Management of funding is our most immediate challenge and innovative financing approach is currently being developed to address the issue. Another challenge is the development of shale oil in Nigeria’s largest market, United States; this has forced Nigeria to look for alternative market in Asia. Despite these challenges we are focusing on strategic realignment of our crude oil exports to sustainable markets,” he said.

    Muhammed said crude theft and pipeline vandalism has impacted on oil production in the last four years (2010 to 2014) from 2.4 million barrels per day in 2010 to about two million barrels per day in 2014. He noted that significant production interruption is now a regular feature in Nigeria’s production profile, adding that an average of 250,000 bpd was deferred.

    “At a price of $100 per barrel, this amounts to a loss of about $9.1 billion yearly. Crude theft from January to April 2015 stood at 39.3 million barrels or $3.9 billion at an average price of $97.9 per barrels. The solution lies with setting up of a critical infrastructure task force with accountability measures, and with a continuation of enlightenment, empowerment and enforcement of anti-sabotage laws. In a bid to address the current sub-optimal performance of domestic refineries, a new rehabilitation strategy has been adopted,” he added.

    The Managing Director, Total Exploration and Production Nigeria Limited, Elizabeth Proust said Nigeria has very tremendous gas reserve, adding that about 46 trillion standard cubic feet (tcf) of the reported 179 tcf of discovered gas, is currently developed or under-developed.

    Represented by the Deputy General Manager, Mr. Ahmadu Kida, Proust said that a joint effort by all stakeholders is needed to unlock the remaining 133 tcf of gas so that we can power the industry and boost the economy. According to her, more than 1,400 megawatts of Nigeria’s total power generation is fuelled by diesel, which costs three times the current domestic gas price.

    The Managing Director Seplat Petroleum Development Company Plc, Mr. Austin Avuru stressed the need for the nation to optimally harness its huge gas resources to meet the national aspirations. According to him, Nigeria needs to start looking for more gas, dwell on full gas utilisation and undertake reserve audits. He said for the country to generate 32 gigawatts of electricity, it would require 7.3 billion standard cubic feet (bscf) of gas. He said it was time for the country to start looking for more gas for domestic and commercial values. He said the country needs more reserves of gas and crude oil.

    The Chairman of SPE Nigeria Council Mr. Emeka Ene said that oil and gas plays important role in the economy of the country. He assured that all contributions of stakeholders at the conference would be submitted to the Federal Government for assessment.

  • JTF warns vessel owners against oil theft

    To boost the Federal Government’s efforts of curbing oil theft and illegal oil bunkering, the Joint Task Force(JTF) has said it would not hesitate to destroy vessels used for oil related crimes.

    To this end, JTF has warned vessel and barge owners against allowing people to use their vessels for nefarious activities in the Niger Delta region.

    The  outgoing  Commander JTF, Major General Emmanuel Atewe, in a statement,  said failure of vessel owners to ascertain the purpose for which people are borrowing their barges could land them into trouble.

    He said the development became necessary in order to curb oil theft, which has resulted in the loss of an estimated $10billon in Nigeria. He said: “In line with zero tolerance campaign against oil theft declared by JTF and the decision of the Federal Government to curb the crime and save the country a lot of money, we are warning vessel owners against lending out their barges to people they could not vouch for their honesty. The punishment for them is in stages. We will destroy their vessels and also ensure that they are prosecuted in a law court to serve as deterrent to others.”

    He said oil related criminalities in the region and the country in particular must be eradicated to save Nigeria from losing more money. According to him, criminals have caused untold damage to the nation’s economy considering the numerous vandalised pipes, which has resulted in refineries’ poor output, and billions of naira spent on importation of petroleum products by marketers, and others.

    “That is why Nigeria needs modular refineries to compliment the four major refineries in the country.

  • Foreign investors eye Bayelsa’s Atala oil field

    Governor Seriake Dickson’s effort to develop the state-owned Atala Field has begun to yield fruits as some foreign investors have indicated interest in the asset.

    During the Bayelsa State Investment and Economic Forum held in Yenagoa, the state capital, promoters of some foreign companies said they had registered to participate in the forum to meet with officials of the state government to participated in the deal.

    One of the promoters from Houston, Texas, United States, said the meeting was necessary for him to showcase the outcome of his visit to his government.

    “We are quite aware of the short period of turning around the fortune of Atala within two years of the takeover by Century Exploration and Production Limited (CEPL) through the initiative of Dickson. Since the government has no business doing business, we are interested in replicating strategies adopted by Dickson in other sectors in the state and in Nigeria,” a source at CEPL said.

    Dickson’s restoration plan for Bayelsa led to the state’s entry into the nation’s oil and gas map as the first state that brought to production its oil field – Atala field. This is one of the achievements re2corded by the governor since his assumption of duties on February 14, 2012.

    Atala Oil Field is located in oil mining lease (OML) 46, and was among the 24 marginal fields allocated to 31 indigenous companies and state owned companies during the marginal fields licensing round in 2003. This makes Atala one of the eight fields developed by investors to production level in the 24 fields. It contributes one per cent to Nigeria’s daily crude oil production.

    Production by Atala Field, according to the source, was made possible by the engagement of Century Exploration and Production Limited (CEPL) by Dickson as the technical and funding partner on assumption of office in 2012. The breakdown of the participatory interest shows that Bayelsa Oil Company Limited (BOCL) owns 51 per cent, CEPL-29 per cent and Hardy Oil, 20 per cent.

    Atala 1 well was re-entered, completed, tested and rig released on Aug 11, last year. The extended well test commenced on December 20, 2014 with anticipated peak production of 6,000 barrels of oil per day (bopd) but currently the firm aims to achieve production of 5,000 bopd before second quarter of next year. The field has recorded estimated cumulative production of about 60,000 barrels stored in barges. This was test production of less than 20 days and in good position to commence evacuation for export. All the above were carried out with the highest health, safety and environment standards with 100 per cent local content and engagement of state owned support personnel, the source said.

    Another foreign investor at the forum said: “The Atala Field is a role model for oil industry development for Public-Private Partnership (PPP). The fact that the state government used local companies as partner shows that there is lot of good things to learn from Bayelsa example. We hope to continue to our relationship with Bayelsa.”

    The Managing Director Channel Oil Petroleum Mr. Ebibomo Timitimi, who participated in the forum, praised Dickson’s good initiative to transform Bayelsa from  a civil service state to a leading industrial centre in Africa.

    He noted that there are various investment initiatives by Dickson that were the major attraction of some foreign firms, which seek to partner the state and make fresh investment.

  • ‘We’ll prosecute customers who tamper with meters’

    The Ikeja Electric (formerly Ikeja Electricity Distribution Company) and Eko Electricity Distribution Company (EKEDC) is working with the Nigeria Police and other security agencies to arrest and prosecute electricity consumers who tamper with their meters.

    The prosecution applies to analog and prepaid meter users, the firms said, adding that this became necessary following reports that many consumers were bypassing meters and connecting to the cables from the electricity poles. The bypass of meters distorts reading of the meters and makes such fraudulent customers pay less than their consumption.

    The two firms in interviews with The Nation said they were transiting from a fine of N50,000 imposed on perpetrators of such crimes to prosecution in a court to provide more punitive measures and further deter other consumers from engaging in the crime.

    The Head, Communications and Strategy, Ikeja Electric, Pekun Adeyanju, said the firm was working with the police and the Nigerian Security and Civil Defence Corps ( NSCDC) to detect and arrest consumers who bypass meters to charge them to court.

    He said: “When we realised that customers have not been coming to our various business units for vending, we asked our marketing officials to visit their homes. It was at that point we discovered that they have tempered with the meters by passing them.

    “They bypass meters by not connecting the two wires from the pole to their meters. The wire they don’t connect to the meters is the one that takes care of heavy appliances such as pumping machine, pressing iron, air- conditioner and others.  At the end of the month, such a customer will pay less because the prepaid meter has been tampered with. Some people have been caught, paraded and reprimanded. Now, we want to start arresting and prosecuting them, and leave out the option of fine of N50,000 earlier imposed on them.’’

    Also, the spokesman, Eko DISCO, Godwin Idemudia, said the firm would take people who bypass meters to court. He said bypassing of meters by customers is a criminal offence which his organisation is not ready to take lightly.

    According to him, his company will use two methods or approaches to curb bypass of meters among customers in its jurisdiction.

    He said: “One of the methods has to do with the use of security operatives like police and the company’s officials, who would go out to see meters that have been tampered with and take their pictures. The second one is technological, by this; we are deploying smart meters that would give us signals in the office when they are being tampered with by criminals. Local electricians are aiding criminals who bypass meters and we are ready to deal with them.”

  • BPE: paucity of funds stalls investment in meters, others

    BPE: paucity of funds stalls investment in meters, others

    The Bureau of Public Enterprises (BPE) has said the scarcity of meters and transformers in the electricity industry, is due to inadequate investment in infrastructure in the power sector.

    The Director-General of BPE, Benjamin Dikki stated this while clarifying allegations that the scarcity was politically motivated. He said the scarcity of meters and transformers in the nation’s electricity industry was as a result of low investment in infrastructure, and not politically motivated.

    According to him, investment in meters, transformers and other power components requires billions of dollars, and investors are not ready to invest in them because of paucity of funds.

    He also said it would be wrong for anyone to conclude that some Nigerians are preventing more meter companies to operate in the country because they are importing meters and other electricity equipment. The problem was caused by funds, he added.

    Dikki said: BPE has been appealing to investors to establish companies that manufacture meters, transformers, and other critical components in the country, having discovered that Nigerians are spending huge amount of money to bring those equipment into the country. We have appealed to investors at local and international fora that there are investment opportunities in Nigeria. In spite of the appeals, people are still not ready to invest substantially in power components.”

    Dikki told The Nation, that the demands of consumers of electricity are far from being met. He said demand for infrastructure has outstripped supply. “Opportunities abound in the area of setting up companies for the production of equipment such as cables, smartcards, meter readers, and other components. Yet people have not explored the potentials in the industry to the fullest, due to one problem or the other,” he added.

    He regretted that the few existing meter manufacturing firms in the country are not meeting the needs of consumers because the infrastructure gap is widening. According to him, the BPE has discussed with financial institutions on the need to help in reducing scarcity of meters and transformers in the country by supporting manufacturing firms with funds.

  • US offers $.997m training grant to Dangote refinery

    The  United States Trade and Development Agency (USTDA) has signed an agreement with Dangote Group for a grant of $997,443 for the training of  Dangote Oil Refining Company’s per sonnel, a subsidiary of the Group.

    The USTDA grant will fund a multi-year programme to train over 100 Dangote Company staff on refinery fundamentals. Through the training, the Dangote staff will be able to operate and maintain the Greenfield Refinery in Lekki, Lagos.

    The President of Dangote Group, Alhaji Aliko Dangote, said during the ceremony that the refinery has installed refining capacity of 650,000 barrels of oil per day (bpd) and will be built at a cost of $9 billion.

    Dangote said: “Just over a year ago, with our decision to to invest in a $9.0 billion 650,000 bpd refinery project, we decided to address the paradox of Nigeria being one of the world’s largest producer and exporter of crude oil but yet one of the largest importers of refined products. Today the project has commenced and we expect to be in production by first quarter of 2018.

    “For such a high tech project investment in getting the right quality of human capital to run the plant is considered to be possibly the most critical success factor for the multi-billion dollar project. We are therefore, most grateful for the generous grant of USD 997,447 from the USTDA towards the training of some of the operators needed to successfully operate and maintain our Greenfield 650,000 bpd capacity refinery at Lekki. This grant from USTDA is consistent with her history of support for infrastructure development in Nigeria.”

    USTDA Deputy Director Enoh T. Ebong signed the grant agreement  with President of the Dangote Group,  Dangote. Ebong said: “USTDA is pleased to support the Dangote Oil Refining Company’s efforts to increase Nigeria’s domestic refining capacity. This programme builds upon USTDA’s long history of support for vital infrastructure development in Nigeria.”

    Acting United States’ Consul-General Dehab Ghebreab said the USTDA’s support for the project is an example of the strength and depth of the U.S.-Nigeria bilateral relationship, adding that it will go a long way in laying a ground work for monumental growth in the country.

    “I believe that when government and private sector get together, great things can happen. The U.S. government’s goal is to facilitate transactions that are beneficial to both countries and there is no better example than this project. I am pleased that USTDA could assist here,” she said.

  • ExxonMobil sponsors dons from 30 varsities in geology

    ExxonMobil sponsors dons from 30 varsities in geology

    Geology lecturers from 30  universities have been trained on the latest advances in Sequence Stratigraphy, a key aspect of Geology, courtesy of ExxonMobil in Lagos.

    The course titled: “Sequence Stratigraphy – Concepts, Principles & Applications” was facilitated by a leading international authority on Petroleum Geology, Dr. Gary Hampson, Director of the globally renowned Petroleum Geoscience Master of Science programme at Imperial College, London.

    The week-long course was organised by the American Association of Petroleum Geologists (AAPG), Africa Region.

    The 30 universities that their Geology lecturers attended the course were Ahmadu Bello University, Zaria;  University of Lagos, Akoka; University of Nigeria, Nsukka; University of Ibadan; Obafemi Awolowo University, Ile-Ife;  University of Benin; University of Port Harcourt; Ladoke Akintola University of Technology, Ogbomoso; Olabisi Onabanjo University, Ago-Iwoye; Osun State University; Federal University of Technology, Akure; Ekiti State University, Ado-Ekiti and Federal University of Petroleum Resources, Effurun.

    Other universities with lecturers that participated were Federal University of Technology, Minna; Kogi State University, Ayingba; University of Ilorin; Kwara State University, Malete; University of Jos; Federal University of Technology, Owerri; Nnamdi Azikiwe University, Awka; Anambra State University, Ulli; University of Calabar; Delta State University, Abraka; Abubakar Tafawa Balewa University, Bauchi; Enugu State University of Technology; Federal University, Ndufu-Alike; Niger Delta University, Yenagoa; Akwa Ibom State University, Mkpat-Enin; Ebonyi State University, Abakaliki and Niger State University, Lapai.

    Each lecturer had a minimum of a Doctorate Degree in Geology, specialising in Stratigraphy, sedimentology or petroleum geology and also had a minimum of five years’ experience in teaching.

    The course facilitator, Dr. Hampson, who is also the AAPG Distinguished Sequence Stratigraphy lecturer for the Africa Region, took the participants through very stimulating sessions on the various aspects and applications of Sequence Stratigraphy and its importance to the field of geology.

    The lecturers praised the AAPG and ExxonMobil for organising and sponsoring the course, adding that the knowledge gained from the course would further improve the quality of their educational instruction to their students.

    According to Mr. Andrew Ejayeriese, General Manager, Exploration of Esso Exploration and Production Nigeria Limited (EEPNL), an ExxonMobil subsidiary, the course was sponsored by ExxonMobil as part of the company’s continued efforts to improve upon the quality of Geoscience education in Nigeria to globally-competitive levels.

  • Nigerian, UK firms explore opportunities at Shell’s business summit

    A total of 100 delegates representing 56 companies from Nigeria and the United Kingdom explored opportunities for collaboration at the annual Nigeria-UK Supplier Engagement programme organised by Shell Nigeria Exploration Company Limited (SNEPCo) in conjunction with the United Kingdom Trade and Investment (UKTI).

    The event which held in Lagos weekend, according to Shell’s Corporate Media Relations Manager Precious Okolobo brought together companies engaged in a wide variety of activities in the oil and gas industry including engineering, maintenance, fabrication and subsea support services. The UK delegation, which included Nigerian experts in the diaspora who SNEPCo had reached in previous business summits in Aberdeen and London, first met with Shell Companies in Nigeria companies on areas of need and technical gaps.

  • Fed Govt upset by sale of fuel above N87, says DPR

    Fed Govt upset by sale of fuel above N87, says DPR

    The Department of Petroleum Resources (DPR) has conveyed the displeasure of the Federal Government over the sale of petrol above the regulated price of N87 per litre by oil marketers and depot owners.

    At a meeting held in Lagos between the DPR and stakeholders in the downstream sector of the oil industry including the Pipeline and Products Marketing Company (PPMC), Petroleum Products Pricing Regulatory Agency (PPPRA), Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA), and Independent Petroleum Marketers Association of Nigeria (IPMAN), the DPR Director, Mr. Mordecai Danteni Baba Ladan gave serious warning to all the stakeholders on continued violation of the fuel pricing template.

    He said the meeting was summoned to convey government’s displeasure at the illegal sale of petrol above the stipulated pump price and the ever lengthening of vehicular queues at the filling stations.

    Following the development, the DPR said that pursuant to the Petroleum Control Act CAP.351 Laws of the Federation of Nigeria 1990 and the Petroleum Act 1969 (as amended) – preliminary investigations revealed that the prevailing hike in retail prices of premium motor spirit (PMS) and dual purpose kerosene (DPK) across the country is as a result of the unscrupulous activities of some depot owners and major marketers who are engaged in selling PMS and DPK to various retailers at prices higher than the official ex-depot price of N77.66k and N34.51k respectively

    In order to check the unprincipled activities of these depot owners and major marketers and to prevent further imposition of hardship on the general public, the DPR said it has resolved to take immediate steps to directly supervise the sale of PMS and  DPK from these affected depots in order to ensure that appropriate pricing is strictly adhered to.

    “This process will involve; the immediate suspension of direct sales of PMS and DPK from the affected depot owners and major marketers, the immediate setting up of a special DPR task force on supervision and monitoring of product sales from the affected depots with powers to stop sale of products from these depots. The  task force shall liaise with the PPMC, PPPRA and the law enforcement agencies, shall issue directives and guidelines to the general public on the procedure for the enforcement of the supervised sales throughout the period of this exercise until normalcy returns to the sector,” he said.

    We hereby reiterate that all depots, marketers and operators in the sector should abide by the official pricing regime to avoid DPR’s sanctions, which may include the activation of all conditions that may lead to the denial of any marketer from further participation in the PSF scheme and the withdrawal of licences of a facility, he added.