Oando Plc. has said it did not import adulterated Premium Motor Spirit into the country, in contrast to what the Nigerian National Petroleum Company ( NNPC) Ltd. said wednesday.
The NNPC Group Managing Director, Mele Kyari, had said the national oil firm received a report from its quality inspector on the presence of emulsion particles in PMS cargoes shipped to Nigeria from Antwerp-Belgium on January 20, 2022.
He said NNPC investigation revealed the presence of methanol in four PMS cargoes imported by its Direct Sale Direct Purchase suppliers namely: MRS, Emadeb/Hyde/AY Maikifi/Brittania-U Consortium, Oando, and Duke Oil.
But, in a statement released to the Nigerian Exchange Ltd., on Thursday, Oando said, “Following media reports listing Oando as one of four importers that supplied methanol-blended Premium Motor Spirits into the country, we hereby state that Oando did not import and supply PMS that was adulterated.
“The PMS supplied by Oando met Nigeria’s import specification. We are committed to working assiduously with the NNPC and industry, in order to identify the root cause(s) of the subsequent contamination of the PMS supplied.
“We want to assure the public that Oando, as a responsible corporate citizen, would not partake in the importation, distribution, or marketing of substandard petroleum products.”
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