Tuesday 20 December 2016

Good news: NNPC declares surplus fuel for Christmas


NNPC Declares surplus fuel for Christmas
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians travelling for Christmas and New Year celebration of the availability of fuel throughout the yuletide season.

The NNPC Group Managing Director, Dr Maikanti Baru, in a statement made available to newsmen in Abuja on Monday, December 19, 2016, assured travelers of sufficient aviation turbine kerosene.
Baru also said the corporation has exceeded the demands of marketers as 38.7 million litres of ATK has been discharged, representing a 26-day sufficiency of the product.
Baru in his statement said: “Specifically, on Dec. 14, the Corporation completed the discharge of 8,800MT which represented about 10.6million litres to major terminals in the country.
“In addition, as at this morning (Dec. 19), 23,500MT which represents about 28.2million litres has been discharged to the major oil terminals.
“In order to sustain the tempo, the corporation has also secured the supply of additional 30,000MT vessel of ATK which represents about 36 million litres expected to berth Nigerian shores before the end of the year.
“Furthermore, NNPC wishes to state that it has over 40-day sufficiency for Premium Motor Spirit (petrol) and adequate volumes of Kerosene and diesel to satisfy national demand throughout the yuletide period and beyond.”
This is good news coming just after the NNPC’s Group Managing Director promised to improve the reserves and production capacity of the Nigerian Petroleum Development Company (NPDC), the corporation’s exploration and production subsidiary. Dr Maikanti Baru, promised this during a courtesy call on Governor Godwin Obaseki of Edo state at the Government House in Benin City on Wednesday, November 30.

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