Nigerian National Petroleum Corporation (NNPC) has said that the daily average national gas supply to gas power plants increased to 689mmscfd or the equivalent to power generation of 3,056mw.
Its Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu revealed this in a statement.
Mr. Ndu Ughamadu disclosed that the March 2017 edition of the monthly Financial and Operations Report of
the Corporation, released yesterday in Abuja, said the average national
daily gas production for the period stood at an impressive 226.918
billion cubic feet, bcf, which translates to over 7.319 million standard
cubic feet of gas per day, mmscfd.
According to him, the
March 2017 figure is an improvement on the previous month’s record
which stood at 582 mmscfd. The supply is also over 29 percent higher
than the corresponding supply record for March 2016.
However,
pipeline sabotage in the country increased from 49 downstream pipelines
vandalised points in February 2017 to 94 in March 2017. This represents
over 91 percent increase relative to the previous months despite
Federal Government’s and the NNPC’s continuous engagement with the
stakeholders. Nevertheless, there is a noticeable improvement compared
to corresponding period of March 2016 which posted 259 cases.
Also,
in the downstream sector, NNPC has in stock, a robust inland supply of
over 1.2billion litres of petrol sufficient for more than 34 days
forward consumption. On Automotive Gas Oil, AGO, and Aviation Turbine
Kerosene, ATK, NNPC continued to import to supplement AGO local refining
and the Central Bank has released foreign exchange to marketers to
import AGO and ATK.
The
report notes that the inaugurated 497.2 km System 2B petroleum pipeline
network which was achieved within the period under review has helped
the NNPC to sustain the gale of uninterrupted supply and distribution of
products throughout the country.
Only
recently the Nigerian National Petroleum Corporation Group Managing
Director, Dr. Maikanti Baru, noted that the Corporation’s
re-commissioned Mosimi and Kano depots had impacted positively on
highways across the Country.
Dr. Baru had stated that the two depots had relieved the impacts of long haulage of petroleum products on the roads, saving the nation of serious environmental consequences of bridging to motorists, settlements along highways and the general ecosystem in the country.
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