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Nigerians consumed 1.44billion liters of Premium Motor Spirit (petrol), translating to 46.30million liters/day,in the month of January,2021,the Nigerian National Petroleum Corporation(NNPC)has said.
It also announced a 37.21 % decrease in cases of pipeline vandalism across the country during the period under review,the corporation’s report
The corporation’s January 2021 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru,indicates that a total of 27 pipeline points was vandalized in January 2021 down from the 43 points recorded in December 2020.
The Mosimi Area accounted for 74% of the vandalized points while Kaduna Area and Port Harcourt accounted for the remaining 22% and 4% respectively.
A total of 223.55Billion Cubic Feet (BCF) of natural gas was produced in the month of January 2021, translating to an average daily production of 7,220.22 Million Standard Cubic Feet per Day (mmscfd).
According to the report,Tmthe 223.55BCF gas production figure also represents a 4.79% increase over output in December 2020.
Besides, the daily average natural gas supply to gas power plants increased by 2.38% to 836mmscfd, equivalent to power generation of 3,415MW.
For the period of January 2020 to January 2021, a total of 2,973.01BCF of gas was produced representing an average daily production of 7,585.78 mmscfd during the period.
Period-to-date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) contributed about 65.20%, 19.97% and 14.83% respectively to the total national gas production.
Of the total gas output in January 2021, a total of 149.24BCF of gas was commercialized consisting of 44.29BCF and 104.95BCF for the domestic and export markets respectively.
This translates to a total supply of 1,428.65mmscfd of gas to the domestic market and 3,385.57mmscfd to the export market in the month under review.
This indicates that 67.15% of the daily gas output was commercialized while the balance of 32.85% was re-injected, used as upstream fuel, or flared.
Gas flare rate was 7.73% for the month under review (i.e. 554.01mmscfd) compared with average gas flare rate of 7.19% (i.e. 539.69mmscfd) for the period of January 2020 to January 2021.
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