The Nigerian Midstream and Downstream Petroleum Regulatory Authority(NMDPRA) says it has uncovered limited quantity of Premium Motor Spirit (PMS) otherwise called petrol, with methanol quantities above Nigeria’s specification in the supply chain.
In a statement made available to the Towncrier, the Authority, posited that to ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from the market, including the loaded trucks in transit
The group however explained that Methanol is a regular additive in Petrol and it is usually blended in an acceptable quantity to ensure vehicular and equipment safety.
According to the statement said “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 statement Stressed.
The group also added that source supplier has been identified and further commercial and appropriate actions shall be taken by the Authority and NNPC Ltd to discourage such act.
The Statement maintained that NNPC Ltd and all Oil Marketing Companies have been directed to sustain sufficient distribution of Petrol in all retail outlets nationwide.
Even as the body said , NNPC has intensified efforts at increasing the supply of Petrol into the market in order to bridge any unforeseen supply gap.