Nigeria’s natural gas production up by 8 per cent: NNPC report

Created: Tuesday, 06 November 2018 10:15

A further breakdown of the numbers showed that out of the total volume of gas supplied in July 2018, 127.19 bcf of gas was commercialised. (Image source: Timothy Vogel/Flickr)A total of 230.35 bcf of natural gas was produced in Nigeria in July, averaging a daily production of 7,678.17 mnscf

This was revealed in the Nigerian Natural Petroleum Corporation (NNPC) Monthly Financial and Operations report for July 2018.

The sum represents 8.81 per cent increase compared to the previous month of June 2018.

The report indicated that for the period, July 2017 to July 2018, a total of 3,084.09 bcf of gas was produced, representing an average daily production of 7,834.62 mnscf, while the daily average natural gas supply to gas power plants stood at 744.86 mnscf, equivalent to power generation of 2,898MW.

A release by NNPC Group general manager group public affairs, Ndu Ughamadu, explained that period to date production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC), contributed about 69.38 per cent, 21.69 per cent and 8.93 per cent respectively to the total national gas production.

A further breakdown of the numbers showed that out of the total volume of gas supplied in July 2018, 127.19 bcf of gas was commercialised, comprising of 35.55 bcf and 91.65 bcf for the domestic and export market respectively.

This translates to a total supply of 1,184.81 mnscf of gas to the domestic market and 3,055.00 mnscf of gas supplied to the export market for the month, implying that 55.98 per cent of the average daily gas produced was commercialised, while the balance of 44.02 per cent was re-injected, used as upstream fuel gas or flared.