PPPRA Approves 19 Companies For Importation Of 1.5m Metric Tonnes Of Petrol


download (28)The Petroleum Products Pricing Regulatory Agency (PPPRA) has awarded allocations to 19 companies to import 1.5 million metric tonnes of petrol on behalf of the federal government for the fourth quarter of 2015.

A list of the allocation showed that Sayyu Dantata’s MRS Oil got 200,000 metric tonnes, closely followed by Total Nigeria Plc with 120,000 metric tonnes, while NIPCO Plc and Femi Otedola’s Forte Oil Plc were allotted 100,000 metric tonnes each, according to a Thisday newspaper report.

FEL got an allocation of 90,000 metric tonnes, Oando, Conoil, Rainoil, Blufin, Masters Energy, Sahara Energy and Swift Oil got 60,000 metric tonnes each.

Matrix Energy with 50,000 metric tonnes; AA RANO – 50,000 metric tonnes; Mobil Oil – 45,000 metric tonnes; Heyden Petroleum – 40,000 metric tonnes; Integrated – 40,000 metric tonnes; Shorelink – 30,000 metric tonnes and NEPAL – 15,000 metric tonnes.

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