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NNPC Insists Nigeria's Petrol Stock Still Sufficient | Leapfame
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NNPC Insists Nigeria's Petrol Stock Still Sufficient

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NNPC Insists Nigeria's Petrol Stock Still Sufficient by
Happyboy . male On Nov 15, 2015

In spite of the fresh increase in queues for
petrol by motorists at service stations
across the country, the Nigerian National
Petroleum Corporation (NNPC) on Friday
insisted that the country has enough petrol
stocks to last for about 35 days going by
her average of 40 million litres per day
consumption rate.
The corporation said in Abuja that its
existing record indicates that the country
has an in-country stock of about 657
million litres of petrol which would last for
16 days, as well as additional 756 million
litres which has been confirmed for
delivery into the country’s ports for
November.
Speaking on the status of measures the
corporation had initiated to improve on
petrol supply and distribution across the
country, the Director of Commercial
Services of the Pipeline and Products
Marketing Company (PPMC), Justine Eziala
said that this much of petrol stock would
ensure that petrol supply is buoyant across
the country. He maintained that there was
no need for the sudden emergence of
queues at filling stations.
PPMC is the downstream subsidiary of
NNPC. Justine however noted that the
country still has challenges in prompt
delivery of petrol to all part it because its
length of pipeline which would ordinarily
take fuel from its storage facilities in Lagos
to depots across the country were
dysfunctional.
According to him, about 4,397,288 litres of
petrol was delivered to the Suleja depot on
Thursday for distribution to service
stations within its environ; 1,518,989 litres
to Kaduna depot; 2,754,125 litres to Kano;
299,992 litres to Minna; 795,001 to Gusau;
and 2,975,990 litres to Mosimi depot.
Other depots which received products from
its storage facility include Satelite depot
with 1,609,960 litres; Ilorin-636,992 litres;
Ore-365,000 litres; Ibadan-539,955 litres;
Gombe-2,101,742 litres; Benin-1,375,993
litres; Port Harcourt-1,151,811 litres;
Aba-840,951 litres; and Enugu-1,399,716
litres. Warri, he noted, received no
products for the day.

HP.com

 
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