NNPC Resumes Loading of Petroleum Products Nation wide

 

Loading Activities have resumed in depots of the Nigerian National Petroleum Corporation, NNPC, nationwide.

The resumption of activities at the depots across the nation followed the suspension of a strike action by the National Union of Petroleum and Natural Gas Workers, NUPENG.

The Corporation’s current petroleum products stock holding is robust at over 37 days PMS (petrol) sufficiency.

The Corporation noted that with the resumption in production of diesel and kerosene by the nation’s three refineries located in Port Harcourt, Kaduna and Warri, Nigerians can be rest assured that the seamless flow of petroleum products during the yuletide season would be sustained.

While pledging its commitment to sustain the prevailing harmonious relations with industry unions, the NNPC urged Nigerians not to engage in panic buying as there is adequate supply of white products to meet their needs nationwide.

The Corporation also called on members of the public and other stakeholders to refrain from any act that could impede the supply and distribution of petroleum products in the Country.

Related News: NNPC to help Nigeria Harness its Gas Resources

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru on Thursday pledged the support of the NNPC to help the Nigerian Gas Association achieve its objectives of ensuring that the country derives maximum benefit from its huge gas resource base.

Speaking while receiving the NGA delegation led by its President, Mr. Bolaji Osunsanya, at the NNPC Towers Abuja, Dr. Baru noted that as the midwife of the nation’s premier gas association in 1999, the NNPC has a moral and strategic interest in ensuring the continuous existence and sustained growth of the association.

Describing the NGA as a reflection of the development of the gas industry in Nigeria the GMD said the Corporation would continue to provide the association with human and material resources.

While thanking the members of the NGA for their advocacy in ensuring a review of the Production Sharing Contracts, PSC, gas terms, Baru noted that the NNPC is working round the clock to ensure maximization of the nation’s vast gas resources by incentivizing all parts of the gas value chain.

On his part the NGA President thanked the NNPC and Dr. Baru for the unflinching support for the association and pledged the readiness of members to work with the NNPC in this regard.

 

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