Petrol-Laden Vessels Arrive Lagos Amid Growing Supply Concerns
Five vessels carrying a total of 95,000 Metric Tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) have docked at Lagos Apapa and Tincan Island Ports. According to the Nigerian Ports Authority's Daily Shipping Position, the vessels arrived between last Thursday and Sunday.
One of the vessels, Kingis, is expected to arrive with 15,000MT of PMS via Lister Oil Jetty in Apapa Port on Friday. Another vessel, Leste, arrived at Apapa Port through the Bulk Oil Plant Terminal with 20,000mts of diesel on Saturday.
At Tincan Island Port, a vessel named Savanna arrived through Kirikiri Lighter Terminal Phase 3 on Friday, March 27, 2026, with 16,000MT of PMS. A vessel named Kobe arrived through KLT Phase 2 with 22,000MT of AGO on Sunday.
Recently, the Federal Government lifted its ban on fuel imports and granted six new licenses to local marketers. The marketers include Bono Energy, Pinnacle, AYM Shafa, Matrix, A.A. Rano, and NIPCO, each permitted to import about 30,000 metric tonnes of petrol.
The decision was taken to address a sudden supply gap triggered by geopolitical tensions in the Middle East. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed that the regulator issued import licenses to bridge the gap.