Friday September 22, 2006

Nigeria runs out of jet fuel

peakoil.com -> news24.com :

A shortage of aviation fuel in Nigeria has caused airlines to cancel or delay hundreds of domestic flights over the past week. Nigeria is the world's eighth biggest exporter of crude oil but because of a lack of refining capacity the state-run Pipelines and Products Marketing Company (PPMC) has to import huge amounts of refined products, including dual-purpose kerosene (DPK) for use as cooking fuel by millions of Nigerians. A PPMC source said the kerosene was being diverted towards the aviation industry by middlemen who were selling it to airlines at a huge profit. The PPMC has started being more stringent in ensuring that the cooking fuel goes to people, not planes, and that is why the marketers are no longer able to supply airlines with enough kerosene.

The managing director of a private petroleum products marketing company said part of the problem was corruption. He said many marketers were linked to influential figures in business and politics who could put pressure on PPMC officials to grant them allocations of lucrative kerosene.

(2006-09-22 13:36:06 SGT) [Energy] Permalink

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