A fuel cargo on sea |
The 27 companies were allocated gasoline import rights by Nigeria's downstream regulator Petroleum Products Pricing Regulatory Authority (PPPRA), the lists showed.
These companies are expected to import around 1.7 million tonnes for third quarter, down from 1.85 million tonnes in the second quarter.
Though market sources expect some winners will be unable to import owing to financing obstacles - some are still waiting for a backlog of subsidy payments owed by the government following the 2012 subsidy fraud investigation, which unearthed billions of dollars worth of fake claims.
Nigeria imports gasoline through two state-owned authorities - PPPRA and the Pipelines and Product Marketing Company, PPMC.
The PPPRA allocations vary quarter-on-quarter while the PPMC typically brings in about 1.4 million tonnes per quarter through crude-for-product swap agreements with traders, market sources said.
Total Nigerian gasoline imports are expected to be close to 3.1 million tonnes.
The country is chronically short of oil products, particularly gasoline, due to a long period of under-investment in its domestic refineries.
MRS Oil Nigeria was absent from the list, after being included in the second quarter, but some return winners were Oando, Total, Conoil, Folawiyo Oil and Gas, Forte Oil, Techno Oil, NIPCO and
Masters Energy.
Mobil Nigeria PLC, ExxonMobil's local arm, was listed among the winners with larger volumes as well as Aiteo.
Allocation sizes vary from 30,000 tonnes up to 120,000 tonnes.
Following is a list of companies licensed to import gasoline for July to September by PPPRA.
1 A-Z
2 Aiteo
3 Avidor
4 BSR
5 Bovas
6 Conoil
7 Cybernetics
8 Folawiyo
9 Forte
10 Gulf Treasures
11 Hyde
12 Integrated
13 Matrix
14 Mettle
15 NIPCO
16 Oando
17 Rainoil
18 Sahara
19 Shorelink
20 Total
21 TSL
22 Mobil
23 Ascon
24 Hudson
25 Dee Jones
26 Techno
27 Masters
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