Revealed: MRS imported Ethanol Blended Fuel

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…Importers Face Sanction

Contrary to the detailed and misleading press statement released by MRS, the Nigerian National Petroleum Company Limited has revealed that the company and three other companies imported the methanol blended petrol into the country.

The Group Managing Director of the NNPC Ltd, Mele Kyari, revealed this during a media briefing on Wednesday night.

The NNPC Boss said the methanol blended petrol was imported into the country by the suppliers through four Premium Motor Spirit cargoes under its Direct Sales Direct Purchase arrangement.

The DSDP is part of measures by the NNPC to ensure sustained supply of petroleum products in the country

The DSDP is an arrangement that allows the NNPC to deliver monthly crude oil lifting on Free on Board (FOB) basis to supplier who shall in return, deliver petroleum products of Nigerian standard specification to NNPC on Delivered at Place (DAP) basis, at designated safe port (s) in Nigeria.

The petroleum products to be delivered would be equivalent in value to the Crude Oil received from NNPC subject to the general terms and conditions as would be advised to successful companies subsequently via Term Sheet (TS).

According to the NNPC, the four companies that supplied the methanol blended petrol are MRS which made the importation through a vessel named MT Bow Pioneer, Emadeb/Hyde/AY Maikifi/Brittania-U Consortium through vessel identified as MT Tom Hilde, Oando through a vessel named MT Elka Apollon, and Duke Oil through MT Nord Gainer vessel.

The revelation is coming few hours after MRS issued a statement where it claimed that the NNPC imported the product.

MRS had in a statement signed by the Managing Director, Marco Storari claimed, “MRS will continue to work with NNPC and NMDPRA, for the evacuation of the contaminated product to NNPC, who is the sole supplier of the product.

“The allegation reported against the Company that MRS imported contaminated products, is therefore mischievous, false and untrue. MRS is not an importer of this contaminated PMS into the country, nor does MRS sell substandard products.”

But the NNPC GMD in the briefing explained that all the defaulting suppliers have been put on notice for remedial actions.

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