« Is Cheap Ethanol Around The Corner? | Home | Cheaper Ethanol Outselling Gasoline In Brazil »
End Of Fuel Scarcity In Sight
By Mr Ethanol | April 9, 2008
This Day:
As the nation groans under the crippling effects of the week-long fuel scarcity, the end may be in sight with the resolution of the delayed release of the N17 billion owed Independent Marketers Association of Nigeria (IPMAN).
The association is believed to be behind the current dearth of petroleum products as the marketers failed to lift products on account of the debt. The situation, has however, not eased the long queues at the petrol stations across the country.
This is coming on a day that the Department of Petroleum Resources (DPR), the agency statutorily mandated to test and issue quality control certificates for refined petroleum products coming into the country told the House of Representatives that it has no laboratories or equipment to carry out its mandate which has resulted in the over-flooding of the country, with bio-fuels, which is found to be unsuitable for automobiles and dangerous to humans.
It was gathered that IPMAN had already directed its 10,000 members nationwide to flock all Nigerian National Petroleum Corporation (NNPC) depots and the Nipco depot in Lagos with a capacity of 50 million litres. Read it all.
Topics: Biofuel, Industry, Money, News |
Related Posts
- End Of Fuel Scarcity In Sight
- Ethanol: Too Much, Too Soon?
- The Ethanol Economy
- Dealers Embracing New Technology In Autos
- Time To End Ethanol Experiment
- Ethanol Blends: Are They Worth It In Your Tank?
- Ethanol Significance In Stock Market Investing
- Enough Infrastructure For Ethanol?
- Ethanol Makers
- About
New Way Of Making Easy Money Online