Saturday, September 19

NNPC Records 16% Increase in Gas Supply to Power in November

According to a statement by the NNPC spokeperson Samson Makoji,the 645mmscfd gas supply translates to power generation of 2,178MW.

The October 2019 gas supply to power averaged 553mmscfd to generate 2,050 MW.

The report further stated that national gas production in November 2019 stood at 228.65billion Cubic Feet (BCF), translating to an average daily production of 7,621.68Million Standard Cubic Feet per day (mmscfd)

A breakdown of the report shows that a total of 3,091.24BCF of gas was produced, between 2018 November and 2019 November, representing an average daily production of 7,882.27mmscfd during the period.

In the period under review production from Joint Ventures (JVs), production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) contributed about 69.50%, 21.06% and 9.44% respectively to the total national gas production.

Out of the total volume of gas supplied in November 2019, 137.02BCF of gas was commercialized, consisting of 35.29BCF and 101.73BCF for the domestic and export market respectively.