The Petroleum Products Retail Outlet Owners Association (PETROAN) says its members have begun loading dual-purpose kerosene, automotive gas oil, and premium motor spirit from the Port Harcourt and Warri refineries.
PETROAN spokesperson Joseph Obele confirmed this in a statement on Saturday.
This development comes after reports that the Port Harcourt refinery shut down in December 2024, just a month after its rehabilitation in November. A similar situation was reported at the Warri refinery, which resumed operations on December 30, 2024.
However, in an update, Obele revealed that the lifting of petroleum products has commenced in both state-owned refineries.
According to him, the Port Harcourt refinery is already selling petrol, diesel, and kerosene to retailers, while the Warri refinery is supplying only diesel and kerosene.
“PETROAN members are now loading petroleum products, including dual-purpose kerosene, automotive gas oil, and premium motor spirits.
“The resurgence of these refineries has sparked intense competition, expected to drive down petroleum prices. As Nigerians advocate for lower PMS prices, it is clear that competition is a crucial factor in triggering price reductions.
“The refineries’ revitalization has brought numerous benefits, including the eradication of adulterated diesel and kerosene from the market,“ Obele stressed.
