22nd May, 2024
By Taiwo Okanlawon
…Insist closure hurting investments, fuel supply
The Independent Petroleum Marketers Association of Nigeria, IPMAN and some stakeholders in the Petroleum sector have asked the Federal Government to immediately reopen the Taurus Petroleum Depot and Koko jetty in Delta State shut since January following an investigation into a contaminated Petroleum Motor Spirit, PMS, shipped in by Nigeria National Petroleum Company Limited, NNPCL.
Taurus depot, a major Petroleum trucking outlet in the region was sealed by the Nigerian Midstream and Downstream Regulatory Authority, NMDRA, in January due to an ongoing investigation into the discharge of over 9.8million litres of water in place of pms shipped in by NNPCL through a Vessel into one of its tanks.
The vessel, named Mt Austria at the centre of the investigation has been immobilized and continued to obstruct the only jetty used to discharge fuel into other depots in the area.
While the outcome of an investigation into the incident is still being awaited, commercial activities in the areas have been grounded with stakeholders warning that the situation is already hurting investments in the sector and disrupting fuel supply to the region.
Speaking on the development, the Chairman of IPMAN, Delta State, Mr Harry Okenin lamented the hardship faced by his members whose products are locked up in Taurus depot saying that it is unfair to subject the depot and its members to unquantifiable losses over a matter they know nothing about.
“Our members are dying. Taurus depot should be reopened for our members to take their products. We also want the Federal Government to open the retail NNPCL portal for us to buy fuel directly from the government,” he said.
Also speaking on the issue, the Warri Zonal Chairman of Petroleum Tanker Drivers Association, Vincent Ojeagba said that it is worrisome that the government would shut down a private investment like Taurus depot without bothering over the huge consequences of such action on its owners.
He said: “Shutting a major depot like Tuarus is not a good decision by government. This kind of action is capable of discouraging investment in the sector. This issue here is clear. A vessel brought in 20 million liters of PMS and about 9.8 million liters was found to have been contaminated with water. Investigation commenced five months ago and to date, there has been no outcome. Meanwhile Taurus depot and Koko jetty remain shut. That is unfair.
“We are appealing to the Federal government to relocate to the vessel under investigation from Koko jetty to make way for other vessels to come in. Taurus depot should also be reopened for Marketers to access their products.”
Also speaking on the matter, a community leader in Koko, Daniel Obayendo said the closure of Taurus depot and Koko jetty has not only crippled the local economy but also lead to scarcity of fuel in the region.
“This is like a death sentence for our local community. Our people thrive on the business activities around Taurus depot but that is no longer the case since the depot was shut. Our appeal is that the government should reopen the depot.”