Author Topic: ?NNPC Distributed 1.3b Litres In October?  (Read 207 times)

Offline cooljoe

  • Asistance
  • Honorable
  • *****
  • Posts: 83,596
  • Country: ng
  • Gender: Male
  • Learn 4rm yesterday, live 4 2day, hope for 2morrow
  • OS:
  • Windows NT 10.0 Windows NT 10.0
  • Browser:
  • Chrome 63.0.3239.108 Chrome 63.0.3239.108
    • View Profile
?NNPC Distributed 1.3b Litres In October?
« on: January 02, 2018, 07:10:32 AM »
The Nigerian National Petroleum Corporation (NNPC), distributed 1.352.86 billion  litres of white products across the country in October, 2017.

Details of the transactions contained in the October 2017 edition of the Monthly NNPC Operations and Financial Report, also indicated that 252.83 billion cubic feet of gas was supplied in the country within the period.

The Group General Manager, Group Public Affairs Division, Ndu Ughamadu, who made this known in a statement yesterday, said the products were distributed through its Downstream subsidiary, the Petroleum Products Marketing Company (PPMC).

A breakdown of the volume of white products injected into the system,  showed that the 1.352.86 billion litres of products sold and distributed by PPMC within the period are slightly higher than the 1.282.61 billion litres for September 2017.


 
This comprised of 1.119.79 billion litres of petrol, 95.72 million litres of kerosene and 137.34 million litres of Diesel.  Total sale of white products for the period, October 2016 to October 2017, stood at 16.18 billion litres, petrol amounted to 14.11 billion litres and accounted for 87.22 per cent. Alsp, total special products for October 2017 was 114.49 million litres, comprising of 63.82 million litres of Low Pour Fuel Oil (LPFO) and other special products totaling 50.67 million litres.

The report also indicated that within the same period, 1.512.02 billion litres of petrol was supplied to the country through the Direct-Sale-Direct-Purchase (DSDP) arrangement, as against the 886.46million litres supplied in September 2017.

It also noted that the petroleum products (petrol & kerosene only) production by the domestic refineries in October 2017 amounted to 204.31 million litres compared to 87.47 million litres in September 2017.

was re-injected, used as upstream fuel gas or flared.

Gas flare rate was 9.59 per cent within the period i.e. 781.77 mmscfd compared with average Gas flare rate of 10.03 per cent i.e. 752.45 mmscfd for the period October 2016 to October 2017.

Advertisements


Nigerian Best Forum . NBF

?NNPC Distributed 1.3b Litres In October?
« on: January 02, 2018, 07:10:32 AM »

 

Enter Your Email Below For Daily Jobs Updates, It's Free

100% Free