… assures of 40-day sufficiency of PMS
Nigerian National Petroleum Corporation (NNPC) says it has flooded the market with Aviation Turbine Kerosene (ATK), popularly called aviation fuel, to ensure a hitch-free air travel across the country during and after the yuletide period.
Maikanti Baru, group managing director of the Corporation, who disclosed this in Abuja yesterday, said the step was taken to forestall shortage of the product, a situation that had recently led to reported cases of flight delays and cancellations across the nation’s airports.
According to a statement from Ndu Ughamadu, group general manager, group public affairs division of the NNPC, Baru said in the build-up to the yuletide period, the Corporation had exceeded the demand of marketers.
The GMD explained that the NNPC had imported about 38.7 million litres of aviation fuel, which represented about 26-day sufficiency.
Specifically, he said, “On December 14, 2016, 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 this morning (December 19, 2016), 23,500MT, which represented about 28.2 million litres was being discharged to the major oil terminals,” the statement noted.
It also noted that in order to sustain the tempo, the Corporation had also secured the supply of additional 30,000MT vessel of ATK, which represented about 36 million litres expected to berth before the end of the year.
“Furthermore, NNPC wishes to state that it has over 40-day sufficiency for PMS and adequate volumes of AGO and DPK to satisfy national demand throughout the yuletide period and beyond,” according to the statement.
The GMD further assured Nigerians that the NNPC would sustain the drive towards ensuring availability of petroleum products at all times.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
