NNPC supplies 28.2m litres of aviation fuel to check scarcity

Forum 7 years ago

NNPC supplies 28.2m litres of aviation fuel to check scarcity

The Nigerian National Petroleum Corporation (NNPC) yesterday said it had injected another 28.2 million litres of aviation fuel into the market to curb the current scarcity.

It was learnt that the fresh supply brought the total number of aviation fuel influx into the market, from NNPC alone, to 38.7million litres in the last six days.

But the influx has not assuaged the crippling fuel shortage at airports nationwide, as most passengers, till yesterday afternoon, were still stranded at major terminals.

Domestic and foreign airlines in the last one week have been faced with severe fuel shortage that worsened at the weekend, with daily volume required for operations reduced to about 30 per cent.
NNPC’s Group Managing Director, Dr. Maikanti Baru, said in the build-up to the Yuletide period, the corporation had exceeded the demand of marketers, noting that it had imported about 38.7 million litres, representing about 26-day sufficiency.

He explained that on December 14 this year, the corporation completed the discharge of 8,800MT, which represented about 10.6 million litres to major terminals in the country. In addition, as at yesterday, 23,500MT representing about 28.2 million litres, were being discharged to the major oil terminals.

In order to sustain the tempo, the NNPC has also secured the supply of additional 30,000MT vessel of ATK (36 million litres) expected to berth Nigerian shores before the end of the year.

The NNPC said it had over 40-day sufficiency for Premium Motor Spirit (petrol), PMS and adequate volumes of Automated Gas Oil (Diesel) AGO and DPK to satisfy national demands throughout the yuletide period and beyond.

Executive Secretary of Major Oil Marketers Association of Nigeria (MOMAN), Obafemi Olawole, recently assured that the marketers had enough supplies till the end of the year, until scarcity erupted from the operators’ end.