Nation
Sales Of Petroleum Products Surges By 92%, NNPC Admits
The Nigerian National Petroleum Corporation (NNPC), yesterday, said its downstream subsidiary, Petroleum Products Marketing Company (PPMC), recorded a total of N158.04billion from the sales of white product in the month of October, 2020.
This is an increase of 92 percent, when compared to N80.15billion recorded on the previous month of the same year.
White products include Premium Motor Spirit (PMS), also known as petrol, Dual Purpose Kerosene (DPK), and Automotive Gas Oil (AGO), also known as diesel.
According to the corporation’s October, 2020, edition Monthly Financial and Operations Reports, MFOR, made available to newsmen by its Group General Manager, Group Public Affairs Division, Kennie Obateru, a total revenues generated from the sales of white products for the period October, 2019 to October, 2020, stood at ?1.95trillion, with Premium Motor Spirit (PMS) accounting for about 99.07% of the total sales with a value of over ?1.9trillion.
In terms of volume, the October, 2020, sales figure translates to a total of 1.224.54 billion litres of white products sold and distributed by PPMC within the period compared with 603.39 million litres in the month of September, 2020.
This comprised 1.224.20billion litres of PMS, 0.31million litres of AGO also known as diesel and 0.033million litres of DPK.
Total sales of white products for the period October, 2019 to October, 2020, stood at 16.462.50 billion litres and PMS accounted for 16.344.36billion litres or 99.28%.
In the month under review, 23 pipeline points were vandalized representing about 10% increase from the 21 points recorded in September, 2020.
Of this figure, Mosimi Area accounted for 83 per cent of the vandalized points while Port Harcourt Area accounted for the remaining 17 percent.
In the Gas Sector, a total of 214.07 Billion Cubic Feet (bcf) of natural gas was produced in the month October, 2020, translating to an average daily production of 6,908.34 Million Standard Cubic Feet per Day (mmscfd).
The daily average natural gas supply to power plants increased by 8.60% to 745mmscfd, equivalent to power generation of 2,801Megawatts.
For the period of October, 2019 to October, 2020, a total of 3,018 BCF of gas was produced, representing an average daily production of 7,658.88mmscfd during the period.
The October, 2020, MFOR also indicates that period-to-date gas production from Joint Ventures (JVs), Production Sharing Contracts (PSCs), and NPDC contributed about 68.18%, 20.12% and 11.70%, respectively to the total national gas production.
In terms of natural gas off take, commercialization and utilization, out of the 208.96 BCF of gas supplied in October, 2020, a total of 118.40 BCF of gas was commercialized, consisting of 38.07 BCF and 88.90 BCF for the domestic and export market, respectively.
This translates to a total supply of 1,269.03mmscfd of gas to the domestic market and 2,870.57mmscfd of gas supplied to the export market for the month.
This 63rd edition of the MFOR highlights NNPC’s activities for the period of October, 2019 to October, 2020.
In line with the corporation’s commitment of becoming more accountable, transparent and driven by performance excellence, NNPC has continued to sustain effective communication with stakeholders through this report via publications on its website and in national dailies.
Nation
HYPREP Marks 15 Years Of UNEP Report, Highlights Major Cleanup Milestones
The Hydrocarbon Pollution Remediation Project (HYPREP) has commemorated the 15th anniversary of the release of the United Nations Environment Programme (UNEP) Environmental Assessment Report on Ogoniland, reaffirming its commitment to restoring the environment and improving the livelihoods of affected communities.
In a statement signed by the Project Coordinator, Prof Nenibarini Zabbey, to commemorate the anniversary, HYPREP described the anniversary as a significant milestone in Nigeria’s environmental restoration efforts, noting that the project has made remarkable progress in implementing the recommendations of the landmark UNEP report released on August 4, 2011.
The UNEP report had revealed extensive oil pollution across Ogoniland, severe environmental degradation, and serious public health risks resulting from decades of petroleum operations. It also recommended an initial $1 billion fund to commence the cleanup of the affected communities.
According to HYPREP, the Federal Government formally launched the Ogoni clean-up in 2016, while the Project Coordination Office was established in 2017 to drive the implementation of UNEP’s recommendations.
Zabbey said the current administration has continued to prioritise the project under the Renewed Hope Agenda.
Providing an update on the cleanup, the Project Coordinator disclosed that 30 of the 65 contaminated sites identified by UNEP have been fully remediated, while work is ongoing at several medium- and high-risk locations. It also stated that more than 1.5 million mangrove seedlings have been planted as part of what it described as the world’s largest restoration of oil-degraded mangroves, with over 1,000 hectares of shoreline already rehabilitated.
Zabbey further revealed that 49 Ogoni communities have been connected to potable water schemes through multiple water projects and booster stations aimed at providing safe drinking water across the region.
In the health sector, he said the 100-bed Ogoni Specialist Hospital in Kpite and the 43-bed Cottage Hospital in Buan are nearing completion, adding that several existing health facilities have been upgraded with modern medical equipment, while five ambulances have been donated to improve emergency healthcare services. The Project Coordinator also disclosed that a three-year human health biomonitoring study is being conducted in collaboration with the World Health Organization’s International Agency for Research on Cancer (IARC).
On economic empowerment, Zabbey stated that the Project has created more than 8,000 direct jobs and trained thousands of Ogoni youths and women in various vocational and technical skills, including software development, cybersecurity, aviation, commercial diving, seafaring, mechatronics, and creative arts. The project also reported awarding scholarships to more than 1,000 students, providing grants to small businesses, and supporting persons living with special needs through skills acquisition programmes.
The statement further highlighted ongoing legacy projects, including the Ogoni Power Project and the Centre of Excellence for Environmental Restoration, which it said is about 96 per cent complete. HYPREP also welcomed the recent designation of the Ogoni Wetland as a Ramsar Site of International Importance and pledged to continue promoting biodiversity conservation and sustainable management of the ecosystem.
Marking the anniversary, Zabbey said the progress achieved over the past 15 years demonstrates the collective commitment of government, development partners, stakeholders, and local communities to restoring Ogoniland. He called for renewed collaboration to sustain the cleanup effort, promote environmental sustainability, and support the long-term development of the region. 3
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