The Nigerian National Petroleum Corporation( NNPC) who disclosed this in it’s Monthly Financial and Operations Report (MFOR) released in Abuja, on Wednesday said the sale represents an increase of 94.30 percent pitched against the December 2019 figures.
It said that the month’s crude oil export sales contributed 336.65million dollars (77.42 percent) of the dollar transactions for the period, compared to the 136.36million dollars sales in the previous month.
It added that export gas sales in January amounted to 98.20million dollars even as it noted that 2019 to January 2020 crude oil and gas transactions valued at 5.18billion dollars was exported.
The report added that the vandalism of NNPC pipelines across the Country recorded a phenomenal spike of 50 percent increase in January.
“60 pipeline points were vandalized, compared to the 40 incidents recorded in December 2019.“Atlas Cove-Mosimi and Mosimi-Ibadan axis pipelines accounted for 50 per cent and 17 per cent of the breaks respectively, while all other routes accounted for the remaining 33 per cent, according to the report,” it said.
It however explained that NNPC, in collaboration with the local communities and other stakeholders, were working in harmony to curtail this menace.
The report stated that to ensure steady supply and effective distribution of Premium Motor Spirit (PMS), otherwise called petrol, across the Country, 1.20billion litres of the white product, translating to 38.68mn liters/day, were supplied for the month.
Share this post with your Friends on
Looking for something? Search below
You may be interested
Attack on Ngbo Community not done by Fulani herdsmen, says Ebonyi govtWebby - April 12, 2021
Ebonyi State Governor, David Umahi, says residents who do not wear face masks will be caned.Ebonyi State Government has said…
Attack on Ebonyi community not by Fulani herders – Deputy GovernorWebby - April 12, 2021
The Ebonyi government has said that the attack on the people of Umuogudu Akpu-Ngbo Community in Ohaukwu Local Government Area…
BREAKING: Criminal Elements Planning Fresh Attacks On Airports Across The Country — FGWebby - April 12, 2021
According to the Federal Airports Authority of Nigeria (FAAN), the ministry of aviation has issued a warning about expected attacks…