The country’s indigenous energy group Forte Oil Plc has described the information about the alleged pump price reduction of petrol as false and misleading.
Recall that earlier this week there were rumours making rounds on Twitter that the company is planning to sell Premium Motor Spirit (PMS) for N115 per litre.
In a disclaimer, Forte Oil Plc, via its official twitter handle wrote: “Our attention has been drawn to a reduction in price to 115 NGN at our gas stations, this is false.
Forte Oil Plc would use its official handles to inform its customers and the buying public of any price change. We therefore inform our customers and the buying public to ignore these false rumours as they are untrue and we disassociate ourselves from same.”
Forte Oil operates a network of 500 retail outlets spread across Nigeria, it is presented in 37 states with extended operations in Ghana.
It operates majorly in the downstream sector of the Nigeria’s Oil and Gas industry, but has diversified its businesses into other sectors of the energy value chain.
The downstream division specializes in the distribution of a wide range of petroleum products: PMS, diesel, aviation fuel, kerosene, as well as a range of lubricants for various automobiles and machines; distributed mostly to the automobile, industrial, aviation and marine markets.