Reports that the Dangote Refinery has delivered 111 million litres of petrol within three days (last Sunday to yesterday), to the NNPC has been debunked as impossible by oil industry experts.
Speaking to Vanguard, the Group Chief Branding and Communications Officer of Dangote Refinery, Anthony Chiejina, stated: “We have already loaded 111 million litres of petrol and the exercise is ongoing.
“We are refining and have no reason not to load. So, loading is ongoing and we will continue to provide the product to the market.”
Industry sources however told MoneyCentral that the Dangote brand Manager Chiejina was either misguided or uninformed about gantry loading capacity by trucks.
The maximum capacity of Fuel tanker trailers in Nigeria is between 45,000 to 50,000 liters.
For the Dangote Refinery to have supplied 111 million liters it means that it: “must have loaded 2,200 trucks with petrol in 3 days or 740 trucks a day with 50,000 litres capacity. That is basically impossible to achieve by road in 3 days,” another oil industry expert said.
However, data seen by MoneyCentral shows that the refinery is struggling to deliver the 16.8 million litres a day it promised to NNPC, and has only supplied 10.297 million litres through 228 trucks in 3 days (Sunday to Tuesday).
The data showed that the Gantry Loadings by trucks ex-Dangote Refinery: for Sunday 15/09/24 that NRL loaded 56 trucks equivalent to 2,486,842 litres, while on Monday 16/09/24, NRL loaded 50 trucks, equivalent to 2,221,773 litres, and AYM Shafa loaded 24 trucks equivalent to 1,120,465 litres, making a total of 74 trucks or 3,342,238 litres on Monday.
On Tuesday 17/09/24 NRL loaded 89 trucks or 4,063,526 litres, AYM Shafa 1 truck equivalent to 44,999 litres and Nipco 8 trucks or 360,161 litres. The gantry total for Tuesday was 98 trucks or 4,468,686 litres of PMS.
Total loadings for the 3 days were then equivalent to 228 trucks or 10,297,766 litres, barely 10.3% of the 2,200 trucks needed to supply the 111 million litres claimed by the Dangote Refinery spokesman.
The industry sources MoneyCentral spoke with said Chiejina needed to come clean to the Nigerian people, adding that the refinery has not supplied up to 111 million liters of petrol to the NNPC.
Beyond the lack of capacity utilization at the refinery to produce PMS there is also the lack of a system to evacuate products by vessels or sea which is yet to commence, the sources said.
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