NNPC to resume loading at abandoned depots

The Nigerian National Petroleum Corporation (NNPC) has announced measures to improve product’s availability by re-commissioning the all-important 479.2km System 2B pipeline and resumption of loading at abandoned depots in the South Western Nigeria.

The Corporation said it has in stock, a robust inland supply of over 1.2 billion litres of petrol sufficient for more than 34 days forward consumption.

The Corporation’s product supply outlook for March to May, 2017, shows that steps have been taken to ensure adequate supply of diesel and aviation fuel.

For Automotive Gas Oil (AGO) otherwise called diesel and Aviation Turbine Kerosene (ATK) otherwise called aviation fuel, NNPC said it will continue to import to supplement local refining.

According to a statement signed by Ndu Ughamadu, Group General Manager (GGM), Group Public Affairs Division, NNPC, the Central Bank of Nigeria (CBN) has released foreign exchange to marketers to import diesel.

The NNPC said it re-commissioned its strategic 479.2 kilometres System 2B petroleum products pipeline network, which stretches from the Atlas Cove-Mosimi-Ejigbo-Ibadan, terminating at Ilorin, to enhance effective distribution of petroleum products nationwide, especially with the envisaged resumption of loading activities at the Mosimi, Ejigbo and Ibadan depots.

The Calabar and Aba depots have been stocked with diesel while diesel load out at Kano depot would commence soon.