The GMD also assures that daily gas supply to power plants hits 300m standard cubic feet
MAIKANTI Baru, the group managing director of the Nigerian National Petroleum Corporation, NNPC, has reaffirmed the readiness of the NNPC to ensure adequate supply of petroleum products in all the nook and cranny of the country during the Easter holidays and beyond.
Baru who gave this commitment Thursday, April 18 during the conferment on him of the “Distinguished Merit Award’’ by the Association of Business Managers and Administrators of Nigeria in Abuja said the corporation currently had 1.7 billion litres of petrol in stock, equivalent to 35 days sufficiency without adding a drop, saying plans were afoot to increase it to 2.4 billion litres by the end of the month.
A release by Ndu Ughamadu, the NNPC group general manager, Group Public Affairs, stated that the corporation’s helmsman informed that currently NNPC was responsible for 75 per cent ofgas supply to power in the country to the tune of more than 300 million standard cubic feet, Scf, of gas per day.
The enthused NNPC GMD said he dedicated the award to President Muhammadu Buhari for his support for the Oil and Gas Industry.
Speaking earlier, Ike Christopher, the registrar of the Association of Business Managers and Administrators of Nigeria, said Baru was selected for the merit award because of his role in the disappearance of fuel queues from fuel stations, especially during the last Christmas and New Year festivities.
He noted that the seamless supply of petroleum products had brought about stability in prices of goods and services across the country.
On the Easter holidays, Christopher advised Nigerians not to engage in panic buying of petrol, saying the NNPC under Baru had demonstrated the capacity to sustain the seamless supply of petrol in the country during festive periods and beyond.
– Apr. 19, 2019 @ 14:25 GMT |