As of today 9th April, Nigeria’s downstream petroleum infrastructure continues to receive significant volumes of refined products as multiple tankers were confirmed at major. According to market intelligence reports, terminals in Lagos and Warri recorded fresh cargo movements, supporting sustained supply amid crude price volatility.
Tanker Arrivals and Discharges
ARDOVA – Lagos
- Vessel: SL AREMU
- Product: Automotive Gas Oil (AGO)
- Quantity: 22,000 metric tonnes
- Status: Awaiting Berth
- Remarks: Vessel has arrived and is currently waiting to berth for loading AGO, sourced from Dangote Refinery.
MRS – Lagos
- Vessel: SABAEK
- Product: Premium Motor Spirit (PMS)
- Quantity: 90,000 metric tonnes
- Status: Awaiting Discharge Plan
- Remarks: Arrived from Dangote Refinery; vessel is currently awaiting lightering and discharge scheduling at MRS terminal.
RAIN OIL – Warri
- Vessel: STELLAR
- Product: Automotive Gas Oil (AGO)
- Quantity: 8,000 metric tonnes
- Status: Awaiting Berth
- Remarks: Scheduled for berthing and discharge at Rain Oil’s Warri jetty.
Market Insight
The arrival of SL AREMU and SABAEK to Lagos ports reinforces the domestic supply chain, with both AGO and PMS sourced from Dangote’s growing refinery operations. In Warri, STELLAR’s imminent discharge highlights ongoing replenishment efforts in the Niger Delta.
Crude oil prices remain unstable following a week of market shifts. Bonny Light closed at $72.33, while Brent slipped to $63.29. This downward trend may push depot operators and marketers to adjust pricing strategies, as seen in recent moves by Dangote and NNPC to lower ex-depot rates.
Conclusion
With over 120,000 MT of refined products currently in Lagos and Warri ports, industry stakeholders are closely monitoring discharge schedules and pricing adjustments. Continued coordination between depot operators and shipping agents will be critical to avoid inland distribution delays.
