The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in November last year increased by 16.53% to 645 mmscfd, equivalent to power generation of 2,178MW.
Comparatively, the October 2019 gas supply to power averaged 553 mmscfd to generate 2,050 MW, a release today in Abuja by NNPC Acting Group General Manager, Group Public Affairs Division, Mr. Samson Makoji, has said.
Quoting from the 53rd edition of the NNPC Monthly Financial and Operations Report (MFOR), the release stated that national gas production in November 2019 stood at 228.65 billion Cubic Feet (BCF),
translating to an average daily production of 7,621.68 million Standard
Cubic Feet per day (mmscfd).
For the period November 2018 to November 2019, a total of 3,091.24 BCF of gas was produced, representing an average daily production of 7,882.27 mmscfd during the period, according to the report.
A period-to-date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) contributed about 69.50%, 21.06% and 9.44% respectively to the total national gas production.
Out of the total volume of gas suppliedin November 2019, 137.02B CF of gas was commercialized, consisting of 35.29BCF and 101.73B CF for the domestic and export market respectively.
This translates to a total supply of 1,176.40 mmscfd of gas to the domestic market and 3,391.04 mmscfd of gas supplied to the export market for the month, implying
that 59.91% of the average daily gas produced was commercialized, while the balance of 40.09% was re-injected, used as upstream fuel gas or flared.
Gas flare rate was 8.29% for the month under review, i.e. 632.37 mmscfd, compared with an average gas flare rate of 8.80%, i.e. 692.97 mmscfd for the period November 2018 to November 2019.
The report said an export sale of crude oil and gas of $504.44 million was recorded in November 2019; indicating an increase of 4.39% compared to the previous month.
According to the November report, crude oil export sales contributed $383.89 million (76.10%) of the dollar transactions compared with $396.94 million contribution in the previous month;while the export gas sales amounted to $120.55 million in the month.
It said the November 2018 to November 2019 Crude Oil and Gas transactions indicated that crude oil & gas worth$5.46 billion was exported.
The NNPC report said the corporation suffered 94% increase in the cases of willful hacking and destruction of its pipeline infrastructure across the country in November last year, fingering oil thieves as culprits.
Details of the report contained in the recently released NNPC MFOR for November 2019 showed that 68 pipeline points were vandalized, representing about 94% increase from the 35 points that were
breached in October 2019.
The report stated that out of the vandalized points, 15 failed to be welded while only two pipeline points were ruptured.
A breakdown of the breach indicated thatthe Mosimi-Ibadan axis accounted for 31% of the breaks, Atlas Cove-Mosimi network witnessed 19%, while Ibadan-Ilorin and other routes accounted for 15% and 35% respectively.
The MFOR noted that NNPC, in collaboration with the local communities and other stakeholders, would continuously strive to reduce and eventually eliminate this menace through effective collaboration.
