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NNPC Records 19% Gas To Power Supply Increase

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Power Supply Increase nnpc

NNPC Records 19% Gas To Power Supply Increase

The Nigerian National Petroleum Corporation (NNPC) yesterday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants.

This translates to 788 million standard cubic feet of gas per day (mmscfd), equivalent to power generation of 2,873MW.

The NNPC, in a release by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, explained that the figure was contained in the NNPC Monthly Financial and Operations Report (MFOR) for April, 2020.

According to the report, a total of 226.51 billion Cubic Feet (BCF) of natural gas was produced in April 2020, translating to an average daily production of 7,786.17 million Standard Cubic Feet per Day (mmscfd).

The figure indicated an increase of 3.73 per cent at 226.51BCF, compared to output in March 2020. Out of this figure, a total of 136.44BCF of gas was commercialised, consisting of 36.99BCF and 99.45BCF for the domestic and export market, respectively.

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Out of the 1,233.01mmscfd of gas supplied to the domestic market in April 2020, about 787.70mmscfd, representing 63.88 per cent was supplied to gas-fired power plants, while the balance of 445.31mmscfd or 36.12 per cent was supplied to other industries.

Similarly, for the period of April 2019 to April 2020, an average of 1,184.29mmscfd of gas was supplied to the domestic market, comprising an average of 677.87mmscfd or (57.24 per cent) as gas supply to the power plants and 506.42 mmscfd or (42.76 per cent) as gas supply to industries.

For the period of April 2019 to April 2020, a total of 3,082.91BCF of gas was produced, representing an average daily production of 7,857.18mmscfd during the period. Period-to-date production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and NPDC contributed about 69.57 per cent, 21.46 per cent and 8.97 per cent respectively to the total national gas production.

The report also indicated that in the Downstream Sector, a total of 0.94 billion litres of PMS, translating to 31.37mn liters/day, was supplied for the month, adding that the corporation has continued to diligently monitor the daily stock of petrol to achieve smooth distribution of petroleum products and zero fuel queue across the Nation.

In the period under review, 65 vandalized pipeline points were reported, a marked increase from the 19 points recorded in March 2020. The Atlas Cove-Mosimi stretch accounted for 55 per cent, while Mosimi-Ore recorded 22 per cent and other locations make up for the remaining 23 per cent.

The 57th edition of the MFOR indicated that in April 2020, NNPC remitted the sum of N219.16billion to the Federation Account, reflecting the Naira proceeds from the sale of domestic crude oil and gas.

In terms of dollar receipts, an export receipt of $193.05million was recorded in April 2020.

The release stated that it remained committed to sustaining effective communication with stakeholders through publication of its Monthly Financial and Operations reports on its website and in national dailies in line with the concept of Transparency, Accountability and Performance Excellence (TAPE) agenda of NNPC Management.

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Federal Government Re-affirms Support for Okonjo-Iweala as Director General WTO

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WTO

 

The Federal Government on Thursday said it would stand by former Minister, Dr. Ngozi -Okonjo- Iweala until she emerged Director General, World Trade Organisation (WTO).

A statement issued by spokesperson, Federal Ministry of Foreign Affairs, Ferdinand Nwonye said the third and final round of the selection process of the Director-General of the World Trade Organization was concluded on Tuesday, 27th October 2020, and that the result was formally announced on Wednesday, 28th October 2020.

The candidate from Nigeria, Dr Ngozi Okonjo-Iweala has secured the support of the majority of the member countries but is yet to be declared and returned the winner.

“This is because apart from winning the election, all the 164 Member States of WTO were expected to adopt the winner by consensus, in accordance with the rule of procedure of the WTO,” it said.

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The government said it was important to highlight that Dr Okonjo-Iweala had secured cross-regional backing with only the United States opposing the consensus.

“The ministry stated that a meeting of the General Council of the WTO has been scheduled for 9th November, 2020 for the final decision on the election process.

“Nigeria will continue to engage relevant stakeholders to ensure that the lofty aspiration of her candidate to lead the World Trade Organisation is realized,” it said.

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Naija News

Plateau begins trial of 300 suspected looters

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Looters

The Plateau State Government on Wednesday begun the prosecution of over 300 suspected looters and arsonists in the state.
They were accused of looting, criminal trespass and inciting public disturbance, among other charges.
The suspects, who had been in military and police detention after they were arrested in different parts of Jos and the Bukuru metropolis between Saturday and Sunday, were moved to the Bassa Local Government Area on Wednesday for arraignment.

The defendants were arraigned one after the other at Jebbu Bassa Area Court before several judges including Justices N S Dashe, Adar Roseline Baraje, and L B Longs as well as Lawal Sulaiman, among others.

In all the cases brought before the judges, the prosecutors from the state Ministry of Justice told the court that the accused persons committed the offences against the state and should be prosecuted according to the law.
The defence counsels, however, pleaded with the court to temper justice with mercy for the accused persons, particularly as they were first offenders.
The defence counsels also pleaded for short sentencing with an option of fine after their clients pleaded guilty to the offences.

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Customs Corner

Nigeria Customs office adamawa Under attack by hoodlums

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Suspected Hoodlums, on Monday, looted Adamawa Custom Office, the eye witness said hoodlums where seen in their numbers breaking anything that stand in their way, carting away consumable and non-consumable items.

 

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COVID-19 PREVENTION

infectious diseases in your community. It is very important to wash your hand frequently with soap under running water.

COVID-19 IS REAL

#COVID19NIGERIA Situation Report

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

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Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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