Fuel Scarcity: NNPC Injects 1.1 bn Litres Of Petrol, Commences 5m Litres Daily Supply July –GMD

Dr Joseph Dawha, Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), on Thursday said the corporation had injected over 1.1 billion litres of petrol into the system to ease fuel scarcity.

Dawha stated this while fielding questions from newsmen after a tour of some filling stations in Abuja in the company of some of the corporation’s top management.

He also disclosed that Port Harcourt Refinery would resume operation in July after its Turn-Around-Maintenance (TAM) that would make it run at an 80 per cent installed capacity.

This, he said, would result in an additional supply of 5 million litres of petrol per day.

“When the refinery comes up stream in late June or early July we expect that it will run at least 80 per cent installed capacity.

“It will give us a contribution of about five million litres of Premium Motor Spirit (PMS) on a daily basis.”

Dahwa also said the ongoing TAM of the refineries was a conscious effort to ensure that they were all running.

According to him, if the refineries are not in-depth or in good state to process crude for maximum gain there is no need of sending crude to such refineries for processing.

He said that fixing the refineries was necessary for getting the real value for products, adding that: “ if we start processing crude now, we will get value for the refined products.

The GMD also decried the spate of vandalism of pipelines in the country, stressing that the NNPC was working hard to put in place mechanism to minimise the menace.

He described the situation as “a very serious matter”, noting that NNPC could not use the pipeline network supply because of vandalism.

“If you send products through the vandalised pipeline then you lose the product.

“We cannot leave it that way; we have to repair them but as you do that, it is vandalised again. It is a very serious matter.

“We are left with the option of trucking which involves a lot of logistics to succeed,” Dahwa said.

Also speaking at the tour, Prince Haruna Momoh, Managing Director, Pipeline Products Marketing Company (PPMC) condemned the recent vandalisation of the System 2B pipeline of the NNPC in Lagos.

According to him, the System 2B pipeline in Ije Ododo in Lagos is the most vandalised structure, adding that already the situation had been controlled and repair of the pipeline would soon begin.

“As at today, the NNPC imports 50 per cent of the petroleum products into the country as part of the 40 million litres daily consumption by Nigerians.

“The corporation will continue to intensify its efforts to wet the country with products from its coastal depots to inland depots,” he said.

The PPMC MD also disclosed that the NNPC was ready to work with all the relevant stakeholders in the downstream sector of the Oil and Gas Industry to end the lingering fuel scarcity.

Author: newsadmin2

529 stories / Browse all stories

Related Stories »

Provide your email below, and we will notify you the latest news freely.


calendar »