
Monday, July 20, 2015
Nigeria’s state-run NNPC has banned 113 oil tankers from entering facilities in the country, according to a Platts report. The order came down from the head of the state-run firm’s marketing division, Gbenga O. Komolafe.
In a letter dated July 15, Komolafe said: “The affected vessels have also been barred from movements within the Nigerian territorial waters forthwith.” He added, “Finally, enforcement of the above directives takes immediate effect pending a notice to the contrary by government, please.”
According to sources, NNPC’s problem with the shipping companies stems from issues surrounding outturns figures related to the crude oil exports at the port of discharge.
Different theories are being batted about over the banning of the oil tankers; some say that there have been a number of incidents between Nigerian authorities and their crude oil buyers on differences between the volume of crude that was discharged, compared to the volume on the bill of lading. While other sources say it could revolve around “settling dues” such as port and maritime fees.