Rainoil Strengthens Fuel Supply Chain with Arrival of New 45,000-MT Tanker

By Diafa Doubra,

Rainoil Limited, one of Nigeria’s leading downstream energy companies, has expanded its fleet with the arrival of a massive oil products tanker, MT Princess Oge, in Nigerian waters.

The vessel, built in Japan and with a storage capacity of about 45,000 metric tonnes, is expected to play a significant role in improving fuel distribution across the country. Industry experts note that its addition will ease some of the bottlenecks in the petroleum supply chain, particularly at a time when Nigeria continues to grapple with logistical challenges in fuel importation and distribution.

Speaking during the vessel’s reception ceremony, Rainoil’s management highlighted that the acquisition was part of the company’s broader strategy to enhance energy security, ensure stable product availability, and contribute to the country’s economic growth.

“The MT Princess Oge is not just an addition to our fleet; it is a demonstration of our commitment to efficient service delivery and our contribution to stabilizing the downstream oil sector,” a senior executive of the company said.

The move comes at a critical time for Nigeria, where frequent supply disruptions and infrastructural gaps often trigger fuel scarcity. With its significant capacity, the new tanker is expected to complement Rainoil’s depots and retail network spread across different parts of the country, strengthening the company’s distribution capacity.

Analysts believe Rainoil’s investment reflects growing confidence in the Nigerian oil and gas market, despite persistent challenges such as foreign exchange volatility and rising global oil prices.

For consumers, the addition of the tanker could mean more stable fuel supply and reduced risks of prolonged scarcity a development that would come as welcome relief for households and businesses nationwide.