Leading downstream oil company, MRS Oil Nigeria Plc, on Saturday commissioned a berthing terminal – Dantata Jetty, which has capacity to berth vessels of 80,000 – 120,000 metric tonnes of petroleum products at the Tin Can Island Port in Lagos, Premium Times reports.
The record-breaking facility, consider by downstream players as the first of its kind in any port in Africa, will save Nigeria millions of dollars spent annually by marketers of petroleum products to hire daughter vessels to lift products from mother vessels to the depots. The facility allows mother vessels to berth directly at the new jetty.
Speaking Saturday during the commissioning ceremony in Lagos, the Minister of State for Petroleum, Ibe Kachikwu, praised MRS for the facility, which he described as the largest in Africa. Mr. Kachikwu commended MRS, saying its acquisition of Chevron Oil has transformed the company from a small company to a big global company.