A Review of the Nigerian Energy Industry

NNPC subsidiary, PPMC sells 2.18bn litres of petroleum products

*Community dweller walking on a petroleum products pipeline in the Niger Delta.

Ike Amos

05 November 2018, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation. NNPC Sunday, said its subsidiary, the Petroleum Products Marketing Company (PPMC) distributed and sold 2.18 billion litres of white petroleum products in July 2018, compared with 1.46 billion litres in June 2018.

In a statement by its Group General Manager Group Public Affairs, Mr. Ndu Ughamadu said the sales comprised of 1.84 billion litres of petrol, 0.13 billion litres of kerosene and 0.21 billion litres of diesel.

He added that total special products sold for the period were 10.70 million litres, comprising of 0.87 million litres of other special products and 9.83 million litres of LPFO or 16 percent, 12 percent, and 6 percent respectively.

Ughamadu further disclosed that during the period under review, pipeline break stood at 204, of which 16 pipeline points either failed to be welded or ruptured/clamped.

He added that 188 pipeline points were vandalized as against 165 recorded last month, with Ibadan-Mosimi accounting for 124 points or 66 percent of the vandalized pipeline, while Aba-Enugu, Port Harcourt-Aba, and other locations accounted for the rest.

He noted that a total of 1,858 vandalized points was recorded between July 2017 to July 2018.
In addition, Ughamadu disclosed that a total of 230.35 Billion Cubic Feet (BCF) of natural gas was produced in the country in July 2018, averaging a daily production of 7,678.17 Million Standard Cubic Feet (mmscfd).

The sum, according to him, represents 8.81 percent increase compared to the previous month of June 2018.

He said, “The report indicated that for the period, July 2017 to July 2018, a total of 3.084 trillion cubic feet (TCF) of gas was produced, representing an average daily production of 7,834.62 mmscfd, while the daily average natural gas supply to gas power plants stood at 744.86 mmscfd, equivalent to power generation of 2,898 megawatts (MW).”

Ughamadu explained that period to date production from Joint Ventures (JV), Production Sharing Contracts (PSC) and Nigerian Petroleum Development Company (NPDC), contributed about 69.38 percent, 21.69 percent, and 8.93 percent respectively to the total national gas production
He said, “A further breakdown of the numbers showed that out of the total volume of gas supplied in July 2018, 127.19 billion cubic feet (BCF) of gas was commercialized, comprising 35.55 BCF and 91.65 BCF for the domestic and export market respectively.

“This translates to a total supply of 1,184.81 mmscfd of gas to the domestic market and 3,055.00 mmscfd of gas supplied to the export market for the month, implying that 55.98 percent of the average daily gas produced was commercialized, while the balance of 44.02 percent was re-injected, used as upstream fuel gas or flared.”

In this article

Join the Conversation

Join the Conversation