As of Friday and Saturday, 18th and 19th April 2025, Nigeria’s downstream sector saw a spike in major vessel traffic, with two significant tankers IZKI and Front Capella offloading crude oil and PMS, respectively. The movement underscores sustained efforts to stabilise product availability at key depots, even as oil prices fluctuate globally.
Tanker Arrivals and Discharges
Lagos Axis
Vessel: IZKI
Terminal: Dangote Refinery
Product: Crude Oil
Quantity: 145,890 MT
Status: Arrived 18 April
Remarks: Awaiting berth; expected to discharge crude into Dangote facility as scheduled operations commence.
Vessel: Front Capella
Terminal: Pinnacle
Product: Premium Motor Spirit (PMS)
Quantity: 71,625 MT
Status: Arrived 17 April, Berthed 18 April
Remarks: Discharging second parcel in progress; expected to complete operations by morning of 18 April.
Vessel: Alfred Temile 10
Terminal: AA Rano
Product: Liquefied Petroleum Gas (LPG)
Quantity: 5,128 MT
Status: Arrived 12 April, Berthed 18 of April
Remarks: Discharge balance of cargo from NNLG Bonny underway.
Warri Axis
Vessel: WATSON
Terminal: AYM SHAFA
Product: Automotive Gas Oil (AGO)
Quantity: 17,000 MT
Status: Arrived on the 18th of April
Remarks: Yet to Arrive for Discharge at AYM SHAFA.
Vessel: Matrix Triumph
Terminal: Matrix Energy
Product: Automotive Gas Oil (AGO)
Quantity: 15,000 MT
Status: Arrived on the 19th of April.
Remarks: Yet to Arrive to Discharge at Pinnacle Depot.
Strategic Implications
The bulk crude delivery to Dangote marks a crucial step in local refining push, with potential to ease dependence on imports. Simultaneously, Front Capella’s PMS discharge boosts Lagos’ inland supply chain, helping maintain fuel availability across filling stations.
Outlook
With additional vessels like Zonda, Blue Talu, and Stellar scheduled for berthing in the coming days, supply stability is expected to continue. Weekend discharge activity could further reinforce depot stockpiles, especially as demand picks up ahead of public holidays.