NNPCL Denies Selling Products From Port-Harcourt Refinery To Marketers

NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has claimed that only its retail outlets are receiving products from the reopened Port-Harcourt refinery in Rivers State.

Akelicious had on Wednesday reported that the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said that the Port-Harcourt refinery was selling to oil marketers at N1045 per litre.

In a statement released late Wednesday, NNPCL spokesperson Olufemi Soneye denied the allegation, stating that the company had not commenced bulk sales to other marketers.

“We have not yet commenced bulk sales, and we have not yet opened the purchase portal as we are still finalising the necessary processes,” Soneye stated.

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He explained that the company’s current product stock, which includes fees and levies, was procured from the Dangote Refinery.

Soneye reiterated that NNPCL retail stations remain the sole recipients of products from the Port-Harcourt refinery for now.

“At present, the products we are selling are what we bought from the Dangote Refinery, which includes NMDPRA fees. The product from PH is currently for our retail stores. Our prices are regularly reviewed and adjusted as required, Soneye added.

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