Nigerian National Petroleum Company (NNPC) Ltd has said that 21 pipeline points were vandalized in its locations nationwide in August 2021.
This figure, which is contained in the recently published NNPC Monthly Financial and Operations Report (MFOR) for August 2021, represents a 50% decrease from the 42 points recorded in the preceding month of July 2021.
According to the report, Port Harcourt area accounted for 10% of the total figure, while Mosimi Area (in Lagos area) accounted for 90% of the total vandalized points.
The August 2021 MFOR, the 73rd in the series, highlights NNPC’s activities for the period of August 2020 to August 2021.
Furthermore in the report, the NNPC said the export of crude oil amounted to $7.77million while gas and miscellaneous receipts stood at $65.26 million and $151.26million respectively during the period in review. Total crude oil and gas export receipt for the period of August 2020 to August 2021 stood at $1.84billion.
“In the gas sector, a total of 233.57billion cubic feet (bcf) of natural gas was produced in the month of August 2021 translating to an average daily production of 7,534.67million standard cubic feet per day (mmscfd),” the document said.
The management of the NNPC said in line with its commitment to the principles of accountability, transparency and performance excellence, it continued to sustain effective communication with stakeholders through the publication of the MFOR on its website, in national dailies, and on independent online news platforms.
The report also indicates that out of the 208.64bcf of gas supplied in August 2021, a total of 131.35bcf was commercialized, consisting of 40.22bcf and 91.13bcf for the domestic and export markets respectively.
This translates to an average total supply of 1,297.54mmscfd to the domestic market and 2,939.31mmscfd of gas to the export market for the month. Total gas supply for the period of August 2020 to August 2021 stood at 2,792.28bcf out of which 537.51bcf and 1,245.93bcf were commercialized for the domestic and export markets respectively.
In the downstream sector, a total of 1.532billion litres of white products were sold and distributed by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the NNPC, in the month of August 2021.
A breakdown of the figure indicates that petrol accounted for 99% of total sales, while automotive gas oil (AGO), also known as diesel, accounted for the rest.
By Chibisi Ohakah, Abuja
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