NNPC Boosts Gas Supply to Gencos, Redeploys Workers

Image result for NNPC

The Nigerian National Petroleum Corporation (NNPC) has increased its daily average natural gas supply to the nation’s gas power plants by 123 per cent to 730 million standard cubic feet per day (mmscf/d) in June.

In contrast, the corporation supplied the power plants 327mmscf/d in the corresponding period in 2016, the Monthly Financial and Operations Report disclosed on Tuesday showed.
This is just as the state-run oil firm also announced yesterday the redeployment and promotion of 55 senior management staff across its value chain.
But even as the corporation released its financial and operations report for the month of June and announced the senior staff redeployment and promotions, all was not well in the downstream oil sector, as oil marketing firms in the country resolved to embark on the mass sack of their workers, following the federal government’s failure to pay an outstanding subsidy bill of $2 billion to the firms.
It is uncertain how the federal government intends to pay the astronomical claims of the marketers, since it disingenuously informed the Nigerian public that it had stopped paying subsidy on petrol consumed in the country, and made no budgetary provisions in 2016 and 2017 to settle the subsidy claims.
According to NNPC’s monthly report, gas supply to power plants increased slightly by 0.13 per cent from 729mmscf/d in May 2017 to 730mmscf/d in June 2017.  
The report also indicated that petroleum products supply continued to record remarkable stability nationwide owing to the performance of Nigeria’s three refineries, which produced between five and six million litres of petrol in June. 
The refineries also produced between five and six million litres of diesel per day in the period under review, reported the News Agency of Nigeria (NAN).
“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.
The report also showed that the performance of the Port Harcourt refinery continued to improve with a boost to the midstream value chain, as it inched towards sustained commercial operations.
The pump price of diesel crashed by 42 per cent nationwide, following strategic intervention by the corporation in May 2017, the report added.
The report indicated that NNPC recorded about 86 cases of pipeline breaks across the country in the period under review. Seventy-seven of the cases were due to vandalism, representing a 40 per cent increase relative to the cases recorded in May.
The report added that while the Port Harcourt-Aba line recorded the highest pipeline breaches of 55 points (66 per cent), there was also an unusual upsurge in the activities of vandals along the Kaduna-Zaria line, which witnessed 13 vandalised points during the period.
There was also a slight decrease in national gas production compared to the previous month, which stood at 227.15BCF, or an average of 7,571.50 mmscf/d, the report noted.
This, NNPC explained, was despite sustaining the success recorded by its enhanced crude oil evacuation and lifting in June, following the re-opening of Forcados Oil Terminal (FOT) on March 31.
NNPC also announced yesterday the redeployment and promotion of 55 top managers of the corporation ordered by its Group Managing Director, Dr. Maikanti Baru. 
A statement by NNPC spokesman, Ndu Ughamadu said Baru had informed NNPC staff shortly before the announcement was made public that the new appointments would not only help to position the corporation for the challenges ahead but would help fill the gaps created due to the statutory retirement of staff.
Under the reorganisation, Roland Ewubare, formerly MD of the Integrated Data Services Limited (IDSL) was move to the National Petroleum Investment Management Services (NAPIMS) as the new Group General Manager (GGM), while Diepriye Tariah, former GGM and Senior Technical Assistant to the NNPC GMD, takes over from Ewubare as MD of IDSL.
Malami Shehu, Executive Director Operations of the Kaduna Refining and Petrochemical Company (KRPC) was appointed MD of the Port Harcourt Refining Company (PHRC), while Adewale Ladenegan, former MD of the Warri Refining and Petrochemical Company (WRPC) was moved to KRPC to assume duty as MD.
Muhammed Abah, until recently, the Executive Director Operations of WRPC, succeeds Ladenegan as MD of Warri Refinery.
With the retirement of Alhaji Farouk Ahmed as the MD of the Nigerian Products Marketing Company (NPMC), Umar Ajiya, former GGM in charge of Corporate Planning and Strategy (CP&S), now assumes duty as MD of NPMC, while Bala Wunti, former, General Manager, Downstream, GMD’s Office, takes charge as GGM CP&S.

Comments

Popular posts from this blog

Drug Insecurity: House Urges FG to Fund Indigenous Drug Research

Population of Doctors in Nigeria Hits 74,543

Environmental Groups Want Agip to Clean Bayelsa Oil Spill Site