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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon

5.8-magnitude quake strikes Puerto Rico unleashing small landslides and causing power outages




The 5.8-magnitude quake hit Puerto Rico before dawn on Monday, officials said
US Geological Service said quake struck at relatively shallow depth of six miles
Photos showed partially collapsed homes and large boulders blocking the roads
Quakes started on December 28, with some ranging in magnitude from 4.7 to 5.1

A 5.8-magnitude quake hit Puerto Rico before dawn Monday, unleashing small landslides, causing power outages and severely cracking some homes.

It was one of the strongest quakes yet to hit the US territory that has been shaking for the past week.

The quake struck at 6.32am just south of the island at a relatively shallow depth of six miles, according to the US Geological Service. There was no tsunami threat, officials said.

Power outages were reported in some parts of Puerto Rico following the quake, Angel Vazquez, emergency management director for the southern coastal city of Ponce, said.A 5.8-magnitude quake hit Puerto Rico before dawn Monday, unleashing small landslides, causing power outages and severely cracking some homes
5.8 magnitude earthquake in Puerto Rico causes severe damages

'This is one of the strongest quakes to date since it started shaking on December 28,' he said. 'It lasted a long time.'

Residents in southern coastal towns began posting pictures of partially collapsed homes and large boulders blocking roads as officials urged people to remain calm.

Some residents also captured video of the damage, showing damaged homes, downed power lines and cars maneuvering around boulders in the streets.

Dr Sindia Alvarado, who lives in the southern coastal town of Penuelas, said she was petrified.

'My entire family woke up screaming,' she said. 'I though the house was going to crack in half.'

At a hotel in the southwest coastal town of Guanica, people panicked as they tried to flee in their cars, only to realize that large boulders were obstructing the only highway heading north to the capital of San Juan, attorney Jose Francisco Benitez said.

'There was a state of panic,' he said. 'There were even people in their underwear walking around the hotel.'

He said he and his girlfriend were in the room when the quake struck.

'I have never felt anything like this,' he said. 'It was like a giant grabbed our room and shook it.'

The flurry of quakes in Puerto Rico's southern region began the night of December 28, with quakes ranging in magnitude from 4.7 to 5.1.

Previous quakes of lesser magnitudes in recent days have cracked homes and led to goods falling off supermarket shelves.

Victor Huerfano, director of Puerto Rico's Seismic Network, said that shallow quakes were occurring along three faults in Puerto Rico's southwest region: Lajas Valley, Montalva Point and the Guayanilla Canyon.

He said the quakes overall come as the North American plate and the Caribbean plate squeezes Puerto Rico, and that it was unclear when they would stop or if bigger quakes would occur.

One of the largest and most damaging earthquakes to hit Puerto Rico occurred in October 1918, when a 7.3-magnitude quake struck near the island's northwest coast, unleashing a tsunami and killing 116 people.

Daily Mail

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