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News & Prices Updates


PPRA's Market Fundamental as at monday, 31th of  august, monday , 2010 

CTF(ngn port) Currency PMS AGO HHK LPFO
Ctf $ 0.56 0.61 0.61 0.45
Other Charges: - - - - -
Landing Cost Naira 91.75 84.29 89.50 64.68
Margins Naira 13.20 13.20 13.20 11.71
Expected Price Naira 104.95 97.49 102.70 76.39;
Retail Price Naira 65.00 95.50 70.20 87.89
PPMC Ex Depot Price Naira 55.90      

 

 
  Storage Prices (Naira)
PMS nipco 55
AGO  zenon 96
DPK A-Z 75
LPFO PPMC 70

Monthly moving average product cost as quoted on platts oilgram:

product PMS AGO HHK LPFO
$/MT $616.55 $502 $544.29 $361.79

 

  Ibadan Abuja Kaduna Ekiti Owerri Sokoto Uyo Enugu
Lagos #3 #5 #8 #4 #8 #13 #7 #7
  • Exchange Rate: 152. 67 (Naira to Dollar)
  • Crude Oil Price Hits $72:
    Crude Oil Now sells for $72 per barrel.
  • Average clean tanker freight rate world scale (ws100) as quotted on platts NWE to west africa = $10 M/T .
  • Haulage Cost within Lagos = #2.50/litres
    Average Haulage Cost From Lagos:

By F & A transport Ltd.

 

    Shuttling Vessel Chartering Cost:
  • (Lagos) Outside Bar --> Apapa(Lagos) --> #1.70
  • ______ Outside Bar --> P/Harcourt --> #2.80
  • ______ Lagos --> P/Harcourt --> #2.80
  • ______ Lagos --> Warri--> #2.80
  • Other Charges; contact: Karina Nigeria Ltd.

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