Speaking at the 2014 annual meeting between the DPR and the petroleum products’ marketers in Lagos at the weekend, the Director of DPR, Mr. George Osahon has threatened to sanction marketers of petroleum products that sell Dual Purpose Kerosene (DPK) above the government’s official price of N50 per litre.

Osahon, who said the meeting was a forum to discuss the past lapses in the downstream operations, further noted that it would also enlighten the stakeholders on the role of DPR as the regulator of the petroleum industry.

According to him, the forum was also organised to broaden the knowledge of the operators on other issues that were not clear to them.

He added that the meeting was not intended to capture the negative sides of the operators but adding that it was imperative to highlight the few operational lapses discovered by the regulatory agency.

Apart from selling kerosene above the N50 official pump price, Osahon said some filling stations had continued to tamper with their pump meters in order to cheat their unsuspecting customers, despite the constant warnings by the agency.

He described the sale of kerosene above N50 by marketers as another disturbing act and warned erring marketers to desist from this malpractice or face sanctions.

Osahon also charged the marketers not to compromise safety as the petroleum industry was a dynamic one that required high standards of safety.

Culled: ThisDay News