NNPC sustains gas delivery to power generation companies

The Nigerian National Petroleum Company Limited, NNPC, said it supplied a total of 594 million standard cubic feet of gas per day (mmscfd) to gas-fired power plants in the month of October 2021 as against the 557 mmscfd supplied the previous month of September 2021.

This is contained in the NNPC Limited’s 75th Monthly Financial and Operations Report (MFOR) for October 2021.

The total gas supply to power for the month, according to the report, translates to an average power generation of about 2,944Mega Watts compared to 2,701MW for the previous month.

A further breakdown of the gas production and supply matrix for the period under review shows that a total of 197.71Billion Cubic Feet (BCF) was produced, while 121.05BCF was commercialised.

Of the commercialised volume, 34.93BCF went to the domestic market while 86.13BCF was exported.

This implies that 62.54 per cent of the average daily gas produced was commercialised while the balance of 37.46 per cent was re-injected, used as upstream fuel gas or flared.

In the Downstream, the report shows that a total of 1,101.02 million litres of white products were said and distributed by Petroleum Products Marketing Company (PPMC) in the month of October 2021, compared with 1,390.18 million litres in the month of September 2021.

This comprised 1,098.17 million litres of PMS and 2.84 million litres of AGO which also translates to a sales revenue of N147.36 billion.

The report also shows that a total of 28 vandalized points were recorded on the company’s pipelines in October 2024, representing a 99.99 per cent increase compared to 21 pipeline breaks recorded In September 2021 with the Mosimi and Port Harcourt Areas accounting for 96 per cent and four per cent respectively.

NewsDirect
NewsDirect
Articles: 50343