As of Saturday, 11th May 2025, Nigeria’s petroleum logistics network remains active with several tankers currently scheduled or awaiting discharge across major coastal depots. The latest movement involves four key vessels carrying Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), and Base Oil, underlining the continued build-up of product reserves amidst FX instability and heightened demand.
With discharge operations planned at AA Rano, AYM Shafa, and Chisco terminals, depots are positioning for timely restocking ahead of the next pricing window. The pending arrivals also demonstrate growing momentum in downstream preparations to meet inland fuel needs.
Berthing Prospects and Tanker Movements
Lagos Port Updates
OWL 1
- Terminal: NPA Berth 1 (Addva Energy)
- Product: Base Oil
- Quantity: 6,300 MT
- Status: Arrived 10 April
- Remarks: Awaiting berthing to discharge remaining cargo. Base Oil discharge will support lubricant and specialty product manufacturers.
Expected Arrivals
ELLIE M II
- Terminal: Chisco Jetty
- Product: AGO
- Quantity: 20,000 MT
- Status: ETA 11 May
- Remarks: Awaiting arrival and discharge. The vessel will inject significant diesel volumes into Chisco’s supply line, aiding regional distribution efforts.
ST LADY MEENAH
- Terminal: AA Rano
- Product: PMS
- Quantity: 23,000 MT
- Status: ETA 9 May
- Remarks: Yet to commence discharge. This cargo will support AA Rano’s retail operations as demand remains high.
ST WALGA
- Terminal: AYM Shafa
- Product: PMS
- Quantity: 15,000 MT
- Status: ETA 10 May
- Remarks: Vessel is due to berth and begin offloading. Timely delivery will aid depot supply in the North-Central region.
Why This Report Matters
This week’s expected tanker activity involves over 64,000 metric tonnes of strategic petroleum cargo, reinforcing Nigeria’s inland distribution capabilities. With diesel and PMS inventories under pressure from increased post-holiday demand and a volatile FX market, these deliveries are critical to pricing stability and ensuring smooth depot throughput.
As the naira continues to trade above ₦1,640/USD, every timely cargo helps cushion marketers from rising import costs and offers consumers a buffer against sharp pump price hikes.
What to Watch Next
- Will berthing delays affect regional availability timelines?
- Can increased Base Oil imports help ease pressure on industrial lubricant manufacturers?
- How soon will ST LADY MEENAH and ST WALGA discharge and impact retail supply?
Stay tuned as Tanker Report Today continues to track Nigeria’s vital fuel logistics, providing clarity in an evolving energy landscape.