The Nigerian National Petroleum Company Limited (NNPCL) has completed the rehabilitation of the pipeline at the Satellite Depots area, according to the company. The repairs were carried out by NNPCL’s subsidiary, NNPCL Pipeline and Marketing.
Chairman of the Satellite Depots, Akin Akinrinade, told Sunday that the pipeline has been restored and is now being used to transport products to its members. “Satellite Depots started loading at about 12:30 p.m. on Tuesday after 15 months of inactivity,” he said. “We now load through the pipeline because the integrity has been restored,” adding that loading products via the pipeline will not be a one‑off arrangement.
Akinrinade confirmed that his members began receiving products last Friday. The depot had been dormant due to pipeline vandalism, which forced NNPCL to halt supplies. “Although they have instructed depots to sell at N172 per litre, we have not started selling to marketers. We have started receiving products since Friday. We received it on Saturday, and some will also come in today (Sunday). Since products are now being received, prices will now come down, and I can assure you that the remaining queue will disappear this week,” he assured.
Comments are closed for this story.