OpeOluwani Akintayo
07 October 2018, Sweetcrude, Lagos — The Nigerian National Petroleum Corporation, NNPC in its newly released report for June, said a total of 744 million standard cubic feet of gas per day was delivered to gas-fired power plants in the month of June 2018.
The 744mmscfd was used to generate an average power of about 2,970MW compared with that of May 2018, where an average of 742mmscfd was supplied to generate 2,940MW.
A total of 211.51billion cubic feet (bcf) of natural gas was produced in the month of June 2018, translating to an average daily production of 7,056.22mmscfd.
During the period under review, Production from Joint Ventures, JVs, Production Sharing Contracts, PSCs and Nigerian Petroleum Development Company, NPDC contributed about 69.35 percent, 21.77 percent, and 8.88 percent respectively, to the total national gas production.
Out of the 209.55bcf of gas supplied in June 2018, a total of 113.08bcf of gas was commercialised, comprising of 36.23bcf and 76.85bcf for the domestic and export market respectively.
This translates to a total supply of 1,207.74mmscfd of gas to the domestic market and 2,561.70 mmscfd of gas supplied to the export market for the month, implying that 53.96 percent of the average daily gas produced was commercialised while the balance of 46.04 percent was re-injected, used as upstream fuel gas or flared.
The gas flare rate was 10.33 percent for the month under review, that is, 721.83mmscfd, compared with the average gas flare rate of 10.4per cent, that is, 813.37mmscfd for June 2017 to June 2018.
