• Thursday, September 12, 2024
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Pinnacle Oil says not importing substandard products 

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The management of Pinnacle Oil has refuted reports of its association with a cargo that originated in Malta and an involvement in the importation of substandard petroleum products into Nigeria.

A statement signed by Bob Dickerman, managing director, Pinnacle Oil, said regulators oversee quality control of all imported products at the terminals, noting that all products are usually inspected by independent, qualified inspectors before being issuing discharge certificates.

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”In a recent publication, our terminal was associated with cargo that originated in Malta. Pinnacle has never accepted any product into our tanks that does not meet all specifications of Nigerian regulations, and we never will.

”At our terminals, the regulators oversee quality control of all imported products and have the product inspected by independent, qualified inspectors before issuing a discharge certificate. We can not and will not ever be involved in the distribution of products that do not meet all specifications of Nigerian regulatory agencies,” the statement read.