A total of 223.82billion cubic feet (bcf) of natural gas was produced in September 2020, translating to an average daily production of 7,460.80million standard cubic feet per day (mmscfd), the 62nd edition of the Monthly Financial and Operations Report (MFOR) of the Nigerian National Petroleum Corporation (NNPC) has shown.
For the period September 2019 to September 2020, a total of 3,039.05bcf of gas was produced representing an average daily production of 7,730.35mmscfd during the period, the report added.
According to the report, period-to-date production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and NPDC contributed about 69.10%, 20.29% and 10.61% respectively to the total national gas production.
A breakdown shows that out of the 221.91bcf of gas supplied in September 2020, 140.45bcf was commercialized, consisting of 36.37bcf and 104.08bcf for the domestic and export markets respectively.
“This translates to a total supply of 1,212.17mmscfd of gas to the domestic market and 3,469.45mmscfd of gas supplied to the export market for the month.
This implies that 63.29% of the average daily gas produced was commercialized while the balance of 36.71% was re-injected, used as upstream fuel gas or flared,” the report stated.
It also disclosed that gas flare rate was 6.66% for the month under review (i.e. 492.93mmscfd compared with average gas flare rate of 5.84% i.e. 439.90mmscfd for the period of September 2019 to September 2020).
Furthermore, the NNPC informed in the report that to ensure effective supply and distribution of Premium Motor Spirit (PMS) across the country, a total of 0.59bn litres of PMS translating to 19.59mn liters/day was supplied for the month in the downstream sector.
During the period under review, 21 pipeline points were vandalized representing about 43% decrease from the 37 points recorded in August 2020. Of this figure, Mosimi Area accounted for 90% of the vandalized points, while Port Harcourt Area accounted for the remaining 10%.
NNPC added that it is continuously working in collaboration with the local communities and other stakeholders to reduce and eventually eliminate this menace.