NNPC
HighlightOil & GasTop StoryTrending Story

NNPC supplied about 1.44 bn litres of petrol in January 2021 — Report

311

 

…increases gas supply for power generation

The Nigerian National Petroleum Corporation (NNPC) says it supplied about 1.44 billion litres of Premium Motor Spirit (petrol) in January 2021.

It put daily petrol consumption at 46.30 million litres across the country during the period.

“To guarantee energy security, the Corporation also supplied a total of 1.44billion litres of Premium Motor Spirit (petrol), translating to 46.30million liters/day, across the country in the period under review,” NNPC said in the January 2021 edition of the NNPC Monthly Financial and Operations Report (MFOR).

The 66th edition of the NNPC MFOR highlights NNPC’s activities for the period of January 2020 to January 2021.

It is contained in a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr Kennie Obateru and given to Persecondnews.

It is published in line with the Corporation’s commitment to the tenets of Transparency, Accountability and Performance Excellence (TAPE).

The corporation has sustained effective communication with its stakeholders through the publication of the report on its website, independent online news platforms and national dailies.

It also announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021.

The report indicates that a total of 27 pipeline points were vandalized in January 2021 down from the 43 points recorded in December 2020.

The Mosimi Area accounted for 74% of the vandalized points while Kaduna Area and Port Harcourt accounted for the remaining 22% and 4% respectively.

However, NNPC is continuously working in collaboration with the local communities and other stakeholders to reduce and eventually eliminate the pipeline vandalism menace.

In the gas sector, a total of 223.55Billion Cubic Feet (BCF) of natural gas was produced in the month of January 2021, translating to an average daily production of 7,220.22 Million Standard Cubic Feet per Day (mmscfd).

The 223.55BCF gas production figure also represents a 4.79% increase over output in December 2020.

Also, the daily average natural gas supply to gas power plants increased by 2.38% to 836mmscfd, equivalent to power generation of 3,415MW.

For the period of January 2020 to January 2021, a total of 2,973.01BCF of gas was produced representing an average daily production of 7,585.78 mmscfd during the period.

Period-to-date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) contributed about 65.20%, 19.97% and 14.83% respectively to the total national gas production.

Out of the total gas output in January 2021, a total of 149.24BCF of gas was commercialized consisting of 44.29BCF and 104.95BCF for the domestic and export markets respectively.

This translates to a total supply of 1,428.65mmscfd of gas to the domestic market and 3,385.57mmscfd to the export market in the month under review.

This indicates that 67.15% of the daily gas output was commercialized while the balance of 32.85% was re-injected, used as upstream fuel, or flared.

Gas flare rate was 7.73% for the month under review (i.e. 554.01mmscfd) compared with average gas flare rate of 7.19% (i.e. 539.69 mmscfd) for the period of January 2020 to January 2021.

READ ALSO: NNPC Signs $1.5bn Contract for PH Refinery Rehabilitation

Leave a comment

Related Articles

Breaking: Fire at Lagos airport, flights diverted

An early Thursday morning fire has been reported at the E54 Bridge...

Rainstorm damages Niger prison as 118 inmates escape

No fewer than 118 inmates of the Medium Security Custodial Centre in...

Another Commissioner quits in Rivers State

The River State Commissioner of Finance, Mr. Isaac Kamalu, has resigned as...

Ex-Gov. Bello’s impudence: Redeploy Kogi CP, State Forum of Concerned Citizens urges IGP

Following the outrage over the resistance to arrest by ex-Gov. Yahaya Bello...

Pres. Tinubu Approves Consumer Credit Scheme Takeoff

President Bola Tinubu has approved the takeoff of the first phase of...

Renewed Wike/Fubara feud: Rivers Attorney-General Adangor resigns again

For the second time in a few months, an ally of FCT...

Dana Air incident: FAAN reopens MMIA runway

Aftermath of Dana airlines overshooting the runway during its landing sequence at...

Bello withdrew $720,000 from state account for his children’s school fees – EFCC Chair Olukoyede

Ex-governor of Kogi State, Mr. Yahaya Bello, withdrew $720,000 from the state...

Just in: EFCC arrests Ex-Aviation Minister Sirika over alleged N8bln fraud

The Economic and Financial Crimes Commission has arrested former Minister of Aviation,...

EFCC to ex-Gov. Bello: We will set aside arrest warrant if you show up in court

“I will personally apply that the arrest warrant be set aside if...

Just in: Again, Dangote further crashes diesel, aviation fuel to N940, N980

Dangote Petroleum Refinery has announced another reduction in diesel and aviation fuel...

Just in: Reps ex-Deputy Speaker Ihedioha quits PDP

The main opposition party, the People’s Democratic Party (PDP), has lost another...

CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam

The Central Bank of Nigeria (CBN) has issued another circular to Bureau...

Update: Dana Airlines’ Lagos airport incident: Aircraft grounded

The management of Dana Air has confirmed reports that one of its...

NNPC Ltd., joint venture partner, unlock 12,000bpd production from Awoba Unit Field

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its joint venture...

Bullying scandal in Abuja private school stirs condemnation, management reacts

Nigerians have taken to social media over the viral video of a...

Power outages: FG set to unbundle 11 Discos, each state to get its own firm

The Federal Government says it has begun the restructuring and unbundling of...

Breaking: Dana airline crash lands in Lagos 

A Dana airline has crash-landed at the Murtala Muhammed International Airport, Ikeja....

Tinubu departs Abuja for Netherlands, attends economic forum in Saudi Arabia

President Bola Ahmed Tinubu will on Tuesday, April 23, depart Abuja for...

Merge NSCDC, FRSC with Police – IG

The Federal Government should merge the Nigeria Security and Civil Defence Corps...