NNPC announces new measures for better products supply
The Nigerian National Petroleum Corporation (NNPC) has in stock, a robust inland supply of over 1.2 billion litres of petrol sufficient for more than 34 days forward consumption even as it revealed new measures have been put in place for better products supply.
According to press statement by the Group General Manager, Group Public Affairs Division, NNPC, Abuja Mr. Ndu Ughamadu, on Sunday, the Corporation’s product supply outlook for March to May, 2017, shows that steps have been taken to ensure adequate supply of diesel and aviation fuel.
“For Automotive Gas Oil and Aviation Turbine Kerosene, NNPC will continue to import to supplement local refining.
“Also, the Central Bank of Nigeria has released foreign exchange to marketers to import AGO and ATK.
He explained further that NNPC has also re-commissioned its strategic 479.2 kilometres System 2B petroleum products pipeline network which stretches from the Atlas Cove-Mosimi-Ejigbo-Ibadan, terminating at Ilorin which, he said, will enhance effective distribution of petroleum products nationwide, especially with the envisaged resumption of loading activities at the Mosimi, Ejigbo and Ibadan depots.
He revealed further that the Calabar and Aba depots have been stocked with AGO while AGO loadout at Kano depot would commence soon.