The management of MRS Oil Nigeria Plc has debunked a report that its retail outlet is responsible for the importation and distribution of substandard and contaminated Premium Motor Spirits (PMS) in the country.
Managing Director, MRS, Mr. Marco Storari in a statement on Wednesday said: “It has come to the knowledge of MRS Oil Nigeria that MRS has been quoted, used speculatively on various social media platforms and in other national dailies as being solely responsible for the importation and distribution of substandard and contaminated PMS in the country.
“We want to reassure the public and all relevant authorities, that MRS is a responsible corporate citizen and will not be involved in the purchase, importation, distribution or marketing of substandard petroleum products in Nigeria.
“It is therefore necessary that any media reporting this false information which has resulted in the defamation of the company’s brand and image, must immediately refrain from doing so and endeavor to check the facts before printing unauthenticated information and statements, which would affect the goodwill of the company and the investing public.
“For this reason the management of MRS writes to inform the public of the facts which has resulted in product scarcity in the country: Due to current subsidy regime, NNPC is the sole supplier of all PMS in Nigeria.
“Consequently, NNPC through their trading arm Duke Oil, supplied a cargo of PMS purchased from international trader Litasco and delivered it with Motor Tanker (MT) Nord Gainer.
“This vessel discharged in Apapa between the 24th and 30th of January, 2022 and the following major marketers with receiving quantities were the recipients of the product: OVH 10,000 mt, , MRS 5,000 mt, NIPCO 5,958 mt, ARDOVA 6,000 mt and TOTAL 10,000 mt.
“As one of the beneficiaries, MRS received the product in its depot and distributed the product to only 8 of its stations in Lagos.
“Following delivery into tank, it was observed that the product appeared hazy and dark. Management immediately directed that further sale(s) should be stopped and the product isolated. Urgent steps were taken to analyze the product to determine the basis for its contamination.
“The product analysis revealed that the PMS discharged by MT Nord Ganier had 20% methanol, which is an illegal substance in Nigeria.
“As a company, we are aware that alcohol/ethanol is not permitted to be mixed in PMS specification. We immediately informed NNPC, NMDPRA and MOMAN and it was confirmed that other members had similar experiences.
“As at the time of this press release, MRS had a total of 350,000 litres in tank at the 8 stations; we await approval from NNPC and NMDPRA for the return of the product.
“The 8 stations have been isolated, but there are other tanks within the stations, which will receive uncontaminated product for sale as soon as possible.
“In view of the above, 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.
“We are aware that NNPC has taken necessary steps to reject further imports of this product from Litasco /Duke Oil and/or any other trader, supplying fuels which contain ethanol/methanol into Nigeria.”