The Nigerian National Petroleum Corporation, NNPC, has disclosed that gas flare rate in the country peaked in March following a spike in production.
Gas flare for the month of March according to the Corporation rose by 10.55 per cent , translating to 867.10 million standards cubic feet a day. mmscfd compared with average flare rate of 10.24 per cent or 804.14mmscfd for the period March 2017 to March 2018.
NNPC said the rise in flare rate was a function of spike in gas production during the month.
The NNPC, explained that the attainment of a two-year record spike in gas supply to power generation, which hits 854.40million Standard Cubic Feet of gas per day (mmscfd) for March 2018, translated to an equivalent power generation of 3,492MW.
Details of the March 2018 National Gas Production figures contained in the
Monthly NNPC Financial and Operations Report for the period indicated a total
national gas production of 253.06 Billion Cubic Feet (bcf), averaging 8,163.58mmscfd.
According to the report, period to date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) amounted to about 69.82 per cent, 21.95 per cent and 8.23 per cent respectively.
A breakdown of natural gas off-take, commercialization and utilization showed that out of the volume of gas supplied in March 2018, a total of 152.60 bcf of gas was commercialized, comprising 40.52 bcf and 112.08bcf for the domestic and export market respectively.
This, the report says, translates to a total supply of 1,307.09mmscfd of gas to the
domestic market and 3,615.62mmscfd of gas supplied to the export market for the
The report said 59.92 per cent of the average daily gas produced was
commercialized while the balance of 40.08 per cent was re-injected, used as
upstream fuel gas or flared.
The monthly report stated that about 3,236.82mmscfd or 89.52 per cent of the
export gas was sent to Nigerian Liquefied Natural Gas Company (NLNG) Bonny 1 for March 2018 compared with the period (March 2017 to March 2018) average of
3,122.92mmscfd or 90.64 per cent of the export gas.
In the downstream sector, NNPC continued to ensure increased petrol supply and effective distribution of the product across the country.
The report said that in March, 2018, 2.49bn litres of petrol were supplied by
NNPC, translating to 80.26million litres per day to sustain seamless distribution of Petroleum Products and zero fuel queue across the nation.
The monthly Financial and Operations report explained that NNPC was keeping
an eagle eye on the daily Premium Motor Spirit (PMS), or petrol evacuation
figures from depots across the nation, with, where necessary, the support of the
Nigerian Customs Service (NCS) through existing Joint Monitoring Team.
According to the report within the period under coverage, pipeline break stood at 224, of which 25 pipeline points either failed to be welded or ruptured/clamped.
“Thus, 199 pipeline points were vandalized as against 125 recorded last month”, it stated.
PHC-Aba and Aba-Enugu pipeline segment accounted for 177 points or 88.94 per cent of the affected pipeline points, the report revealed.
The March 2018 edition of the Monthly NNPC Financial and Operations Report is the 32nd in the series.