1.76bn Litres Of PMS Supplied In June – NNPC

  Business, Investors, Oil & Gas

The Nigerian National Petroleum Corporation (NNPC), yesterday said that 1.76billion litres of Premium Motor Spirit (PMS), also known as petrol was supplied in June.

It also said that the quantity translated to 58.65million liters/ day were supplied and effectively distributed.

The corporation made the disclosure in its Monthly Financial and Operation Report (MFOR) for the month of June released in Abuja, on Sunday.

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The report noted that to sustain the adequate products supply and distribution in the downstream sector, the NNPC had continued to monitor the daily stock of PMS across the nation.

On pipeline vandalisim, the report revealed that there was 77 per cent rise in cases of oil pipeline vandalism in its network of pipeline infrastructure across the country in the month under review.

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According to the report, 106 pipeline points were breached, representing an increase from the 60 points vandalised in May 2019.

It further explained that the Aba-Enugu axis in the system 2E pipeline corridor accounted for 25 per cent of the total pulverised points, while the Lagos Atlas Cove-Mosimi axis of the system 2B had 23 per cent of the compromised pipeline points.

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It noted that the Ibadan-Ilorin leg of the System 2B pipeline accounted for 18 per cent of affected lines, followed by the PHC-Aba section of the system 2E which was responsible for 13 per cent of the affected pipeline,.

The post 1.76bn Litres Of PMS Supplied In June – NNPC appeared first on Independent Newspapers Nigeria.

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