The Nigerian National Petroleum Company Limited, NNPCL, has blamed the scarcity of Premium Motor Spirit, or PMS, popularly known as petrol, on disruptions in ship-to-ship petrol transfers.
Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, stated this on Monday in Abuja.
He further explained: “The fuel queues in the FCT are primarily due to disruption of ship-to-ship (STS) transfer of PMS between Mother Vessels and Daughter Vessels resulting from recent thunderstorms, and the consequential flooding of trucking routes which constrained movement of PMS to Abuja from coastal corridors.”
Since last week, the commodity has been in short supply in the FCT, causing pump prices to rise by up to N720 to N820 per liter.
Although some independent marketers offer the commodity for N690/litre amid unending lineups, NNPCL retail stores continue to sell it for N617/litre, with the biggest queues.