Question 1

How does FuelAccounting prevent fuel losses and bleed at petrol stations?

Accepted Answer

FuelAccounting uses a 3-way reconciliation engine synchronizing manual dipping stick measurements, tank strapping tables, and electronic pump totalizers in real-time, catching calibration drift, attendant skimming, and tanker discharge shortages immediately.

Question 2

Does FuelAccounting require expensive Automatic Tank Gauging (ATG) hardware?

Accepted Answer

No expensive ATG hardware is required. FuelAccounting works directly with your station's existing calibrated dipping sticks and dispenser mechanical/electronic totalizer readings.

Question 3

Is FuelAccounting compliant with Nigerian downstream petroleum regulations?

Accepted Answer

Yes, FuelAccounting wetstock tracking formulas and threshold variance audits strictly align with NMDPRA guidelines and IFRS accounting standards.

Wetstock Management, Leak Audits & Station Automation

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