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Sunday, 11 October 2015

ECONOMY: NNPC Releases First Monthly Oil And Gas Report

The Nigerian National Petroleum Corporation (NNPC) have released their first monthly oil and gas report as promised by the new General Managing Director of the corporation Dr Ibe Kachikwu during a press briefing. The report which is in PDF covers the activities of the corporation for the month of January to August. It showcases activities and financial transactions in the upstream, midstream and downstream sector.
The report shows increase in refining capacity of the nation refineries and also detail crude allocation to them. Other areas covered by the report includes:

Crude Oil Lifting Values
Monthly Lifting Entitlement (Million Barrels)
Sales Revenue From PPMC Product Distribution Sales Volume
Gas Supply to Power plants & Generation
NNPC Group Revenue.

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