Why Pipeline vandalism Increased by 91% within a Month- NNPC

Why Pipeline vandalism Increased by 91% within a Month- NNPC

1360
SHARE

How NNPC Will Help in Boosting Power Supply

The Nigerian National Petroleum Corporation revealed recently that cases of pipeline vandalism rose considerably in March 2017 by 91 per cent from 49 cases in February to 94 in March

According to NNPC  Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu,  there is increase in vandalism cases despite Federal Government’s and the NNPC’s continuous engagement with stakeholders in the petroleum sector and in the Niger Delta.

He noted that despite the upsurge in vandalism NNPC has over 1.2 billion litres of petrol sufficient for more than 34 days for consumption.

He however, stated that the March 2017 figure was a commendable improvement if juxtaposed with that of period of March 2016 which posted 259 cases.

Shedding light on Automotive Gas Oil (AGO) and Aviation Turbine Kerosene (ATK), he revealed that the NNPC has continued to import in order to supplement AGO local refining. He noted that the Central Bank of Nigeria had released foreign exchange to marketers to import AGO and ATK.

The NNPC spokesman added that the inaugurated 497.2 km System 2B petroleum pipeline network which was achieved within the period under review had helped the NNPC to achieve uninterrupted supply and distribution of products throughout the country.

In his words: “Only recently the NNPC Group Managing Director, Dr. Maikanti Baru, noted that the Corporation’s re-commissioned Mosimi and Kano depots had impacted positively on highways across the Country.

“Dr. Baru had stated that the two depots had relieved the impacts of long haulage of petroleum products on the roads, saving the nation of serious environmental consequences of bridging to motorists, settlements along highways and the general ecosystem in the country,” he disclosed.

He further made the disclosure that the efforts being made by the present Government to boost electric power generation in the country may soon bring the required result due to the sustained increase in gas supply for power generation by the NNPC.

According to him, the daily average national gas supply to gas power plants increased to 689mmscfd or the equivalent to power generation of 3056 MW.

“The March 2017 figure is an improvement on the previous month’s record which stood at 582 mmscfd. The supply is also over 29 percent higher than the corresponding supply record for March 2016,” he said.

 

NO COMMENTS

LEAVE A REPLY