*Sector’s interim challenge no longer gas but network volatility
07 September 2015, Abuja – A preliminary report on recent activities at the Nigerian National Petroleum Corporation, NNPC, submitted to President Muhammadu Buhari by the Group Managing Director, GMD, of NNPC, Dr. Ibe Kachikwu, has shown that the corporation now supplies up to 876 million standard cubic feet (mscuf) of gas per day to the country’s power sector.
The submission of the report which disclosed that efforts at repositioning the NNPC have started yielding result on the nation’s economy was confirmed in a statement by president’s media aide, Mr. Garba Shehu.
According to its content, gas supply to the power plants that had hitherto been handicapped by vandalism and regular cuts in flow, has improved significantly from about 630mscuf to 861mscuf day, and thus resulted in a more steady power supply as recently disclosed by the Transmission Company of Nigeria, TCN.
*Chineme Okafor – Thisday