Fresh cargoes of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO) are actively shaping supply flows across Lagos terminals, as independent marketers leverage new arrivals to stabilise inventories and ease distribution pressure. Data from the daily oil and gas market intelligence report confirms five vessels scheduled or currently discharging between August 24 and August 29, 2025.
Confirmed Tanker Activities (as of August 29, 2025)
1. Zonda – PMS Vessel for AA Rano (Lagos)
- Product: Premium Motor Spirit (PMS)
- Quantity: 20,000 MT
- Depot: AA Rano
- Arrival Date: 24 August 2025
- Berth Date: 26 August 2025
- Remarks: Discharging in progress; estimated completion at 1600hrs, 29 August
- Analysis: Major PMS inflow expected to reinforce Ibafon corridor, supporting AA Rano’s retail outlets.
2. Oluwaju Wonlo – PMS Vessel for Menj (Lagos)
- Product: Premium Motor Spirit (PMS)
- Quantity: 10,000 MT
- Depot: Menj || Receiver: Salbas
- Arrival Date: 26 August 2025
- Berth Date: 27 August 2025
- Remarks: Discharging in progress; estimated completion at 2200hrs, 29 August
- Analysis: Cargo adds to Lagos Apapa supply line, supporting independent marketers amid rising PMS demand.
3. Berners – AGO Vessel for Wosbab (Lagos)
- Product: Automotive Gas Oil (AGO)
- Quantity: 10,000 MT
- Depot: Wosbab || Receiver: Cabashore
- Arrival Date: 28 August 2025
- Berth Date: 29 August 2025
- Remarks: Next tanker to berth/discharge
- Analysis: Expected to ease AGO supply tightness in the Ijegun axis, where trucking costs have pressured margins.
4. Lady Doyin – PMS Vessel for Bovas Oil (Lagos)
- Product: Premium Motor Spirit (PMS)
- Quantity: 20,000 MT
- Depot: Bovas Oil
- Arrival Date: 26 August 2025
- Berth Date: 28 August 2025
- Remarks: Awaiting regulatory clearance; discharge scheduled 29 August
- Analysis: Strategic cargo positions Bovas to deepen footprint in Lagos retail corridors.
5. Princess Oge – PMS Vessel for Rain Oil (Port-Harcourt)
- Product: Premium Motor Spirit (PMS)
- Quantity: 25,000 MT
- Depot: Rain Oil
- Arrival Date: 25 August 2025
- Berth Date: 28 August 2025
- Remarks: Loaded at Dangote Refinery, Lekki; awaiting clearance to discharge on 28 August
- Analysis: Dangote cargo supply underscores growing dependence of private depots on local refinery output.
Market Implications
The combined 95,000 MT of PMS and 10,000 MT of AGO scheduled for discharge this week represent a significant boost to Nigeria’s downstream sector. With five tankers positioned at Lagos terminals, marketers now have additional cargoes to offset recent supply tightness.
Notably, Dangote-loaded cargoes are gaining traction, signalling the refinery’s growing role as the anchor supplier for private depots. For AGO, the Wosbab delivery could bring further correction in depot-to-retail margins, especially in Lagos, where oversupply has weighed on prices.
Stay informed with Petroleumprice.ng for more updates on tanker movements, depot supply trends, and fuel pricing forecasts.