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    Home » 1.167bscfd gas supplied to domestic market in January – NNPC

    1.167bscfd gas supplied to domestic market in January – NNPC

    May 14, 2020
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    *Gas pipeline

    Abuja — The Nigerian National Petroleum Corporation, NNPC, says 1.167 billion standard cubic feet per day, bscfd, of gas was supplied to the domestic market in January this year.

    NNPC said in its Monthly Financial and Operations Report, released in Abuja, that out of this volume, about 639.70 million standard cubic feet per day, mmscfd, representing 54.78 per cent, was supplied to gas-fired power plants, while the balance of 528.10mmscfd or 45.22 per cent was supplied to other industries.

    The report said 640mmscfd of gas delivered to gas fired-power plants in January 2020 generated an average power of about 2,683 megawatts, MW, compared with December 2019 when an average of 596mmscfd was supplied to generate 2,498MW.

    The monthly financial report also showed that the country recorded crude oil and gas export sale of $434.85 million in January, 2020, an increase of 94.30 per cent pitched against the December 2019 figures.

    The report indicated that crude oil export sales for the month contributed $336.65 million (77.42 per cent) of the dollar transactions for the period, compared to the $136.36 million sales in the previous month.

    It added that export gas sales in January amounted to $98.20 million, even as it noted that 2019 to January 2020 crude oil and gas transactions valued at $5.18 billion was exported.

    The January 2020 edition of the monthly report of the corporation is the 54th edition of the series.

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