The Nigerian National Petroleum Corporation (NNPC) increased the daily average natural gas supply to the nation’s gas power plants to 730 million standard cubic feet per day (mmscf/d). This represents a 123 percent increase in daily supply.
In contrast, the Corporation supplied the power plants 327mmscf/d in the corresponding period in 2016, the Monthly Financial and Operations Report released today showed.
According to the report, gas supply to power plants increased slightly by 0.13 percent from 729mmscf/d in May 2017 to 730mmscf/d in June 2017.
The report also indicated that nationwide petroleum products supply continued to record remarkable stability following a sustained improvement in performance of Nigeria’s three refineries which produced between five and six million litres of Premium Motor Spirit (PMS), also known as petrol, per day in June 2017.
The refineries also produced between five and six million litres of Automotive Gas Oil (AGO), also known as diesel, per day in the period under review. This forced the pump price of diesel to by 42 percent nationwide in May 2017.
“The Corporation has maintained seamless nationwide supply and distribution of petroleum products which guarantees stable products and queue-free filling stations across the nation,” the report stated.