{"id":21124,"date":"2020-02-09T19:20:54","date_gmt":"2020-02-09T19:20:54","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=21124"},"modified":"2020-02-09T19:20:54","modified_gmt":"2020-02-09T19:20:54","slug":"nnpc-records-16-per-cent-increase-in-gas-to-power","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power","title":{"rendered":"NNPC records 16 per cent increase in gas to power"},"content":{"rendered":"

The Nigerian National Petroleum Corporation<\/a> (NNPC) has said that the daily average natural gas supply to gas-powered plants in last November increased by 16.53 per cent to 645mmscfd, equivalent to power generation of 2,178MW.<\/p>\n

Comparatively, the October 2019 gas supply to power averaged 553mmscfd to generate 2,050 MW, a release today in Abuja by NNPC Acting Group General Manager, Group Public Affairs Division, Mr. Samson Makoji, has said.<\/p>\n

Quoting from the 53rd edition of the NNPC Monthly Financial and Operations Report (MFOR), the release stated that national gas production in November 2019 stood at 228.65billion Cubic Feet (BCF), translating to an average daily production of 7,621.68Million Standard Cubic Feet per day (mmscfd).<\/p>\n

For the period November 2018 to November 2019, a total of 3,091.24BCF of gas was produced, representing an average daily production of 7,882.27mmscfd during the period, according to the report.<\/p>\n

A period-to-date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) contributed about 69.50 per cent, 21.06 per cent and 9.44 per cent respectively to the total national gas production.<\/p>\n

Out of the total volume of gas supplied in November 2019, 137.02BCF of gas was commercialized, consisting of 35.29BCF and 101.73BCF for the domestic and export market respectively.<\/p>\n

This translates to a total supply of 1,176.40mmscfd of gas to the domestic market and 3,391.04mmscfd of gas supplied to the export market for the month, implying<\/p>\n

that 59.91 per cent of the average daily gas produced was commercialized, while the balance of 40.09 per cent was re-injected, used as upstream fuel gas or flared.<\/p>\n

Gas flare rate was 8.29 per cent for the month under review, i.e. 632.37mmscfd, compared with an average gas flare rate of 8.80 per cent, i.e. 692.97mmscfd for the period November 2018 to November 2019.<\/p>\n

The report said an export sale of crude oil and gas of $504.44million was recorded in November 2019; indicating an increase of 4.39 per cent compared to the previous month.<\/p>\n

According to the November report, crude oil export sales contributed $383.89 million (76.10 per cent) of the dollar transactions compared with $396.94 million contribution in the previous month; while the export gas sales amounted to $120.55million in the month.<\/p>\n

It said the November 2018 to November 2019 Crude Oil and Gas transactions indicated that crude oil & gas worth $5.46billion was exported.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in last November increased by 16.53 per cent to 645mmscfd, equivalent to power generation of 2,178MW. Comparatively, the October 2019 gas supply to power averaged 553mmscfd to generate 2,050 MW, a release today in Abuja by NNPC […]<\/p>\n","protected":false},"author":62,"featured_media":21127,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[860,434],"class_list":["post-21124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-nigerian-liquefied-natural-gas","tag-nnpc"],"yoast_head":"\nNNPC records 16 per cent increase in gas to power - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in last November increased\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPC records 16 per cent increase in gas to power\" \/>\n<meta property=\"og:description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in last November increased\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-09T19:20:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/02\/Mele-kiyere.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"270\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"NNPC records 16 per cent increase in gas to power\",\"datePublished\":\"2020-02-09T19:20:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power\"},\"wordCount\":376,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/02\/Mele-kiyere.jpg\",\"keywords\":[\"Nigerian Liquefied Natural Gas\",\"NNPC\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nnpc-records-16-per-cent-increase-in-gas-to-power\",\"name\":\"NNPC records 16 per cent increase in gas to power - 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