NEW MEASURES TO ENSURE ROBUST PRODUCTS SUPPLY....NNPC

DR. MAIKANTI BARU

The availability and stability in the supply of petroleum products by the Nigerian National Petroleum Corporation, NNPC across its chain has been attributed to the efforts of management of the NNPC and this has attracted commendations from Nigerians.

Disclosing its preparedness to maintain the steady and regular supply chain of its products across the nation, the Nigerian National Petroleum Corporation has in stock, a robust inland supply of over 1.2 billion litres of petrol sufficient for more than 34 days forward consumption.

In a press release signed by Mr. Ndu Ughamadu, GGM, Group Public Affairs Division of the NNPC, “the Corporation’s product supply outlook for March to May, 2017, shows that steps have been taken to ensure adequate supply of diesel and aviation fuel”.

For Automotive Gas Oil and Aviation Turbine Kerosene, NNPC will continue to import to supplement local refining.

“Also, the Central Bank of Nigeria has released foreign exchange to marketers to import AGO and ATK”, the release stated.

“In addition, NNPC has re-commissioned its strategic 479.2 kilometres System 2B petroleum products pipeline network which stretches from the Atlas Cove-Mosimi-Ejigbo-Ibadan, terminating at Ilorin which will enhance effective distribution of petroleum products nationwide, especially with the envisaged resumption of loading activities at the Mosimi, Ejigbo and Ibadan depots”, the GGM Group Public Affairs Division disclosed.

“The Calabar and Aba depots have been stocked with AGO while AGO loadout at Kano depot would commence soon”.