The Nigerian National Petroleum Corporation, NNPC has assured Nigerians of improved electricity supply.
This was made known in its March 2017 edition of the Monthly Financial and Operations Report released on Saturday in Abuja.
Nigerians are to enjoy improved electricity supply as efforts to boost power generation is yielding results following a sustained increase in gas supply to power plants, it stated.
According to the report, the average national daily gas production for the period stood at 226.918 billion cubic feet, bcf, which translates to over 7.319 million standard cubic feet of gas per day mmscfd.
Invariably there is increase in gas supply, the daily average national gas supply to gas power plants increased to 689 mmscfd or the equivalent to power generation of 3,056 megawatts.
Also the report stated that there is increase in pipeline vandalisation, said pipeline sabotage in the country increased from 49 downstream pipelines vandalised points in February 2017 to 94 in March 2017.
“This represents over 91 per cent increase relative to the previous months despite Federal Government’s and the NNPC’s continuous engagement with the stakeholders.
“Nevertheless, there is a noticeable improvement compared to corresponding period of March 2016 which posted 259 cases,” the report stated.
The report also stated that NNPC continued to import Automotive Gas Oil, AGO, and Aviation Turbine Kerosene, ATK to supplement AGO local refining while the Central Bank had released foreign exchange to marketers to import both products.
“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”.
The Group Managing Director, had stated that the two depots relieved the impacts of long haulage of petroleum products on the roads.
“Saving the nation serious environmental consequences of bridging to motorists, settlements along highways and the general ecosystem in the country,’’ he concluded.
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