Adedapo Adesanya
By Adedapo Adesanya
The Nigerian National Petroleum Corporation (NNPC) has disclosed that pipeline related vandalism rose by 77 percent in the month of June, as documented its Monthly Financial and Operation Report (MFOR) for the month of under review released in Abuja, on Sunday.
The 47th MFOR revealed that 106 pipeline points were breached, representing an increase from the 60 points vandalized in May 2019.
The monthly report is part of the corporation’s strategies to open its operations, activities and finances to the public.
In the report, Business Post gathered that that the Aba-Enugu axis in the system 2E pipeline corridor accounted for 25 percent of the total pulverized points, while the Lagos Atlas Cove-Mosimi axis of the system 2B had 23 percent of the compromised pipeline points.
It also noted that the Ibadan-Ilorin leg of the System 2B pipeline accounted for 18 percent of affected lines, followed by the PHC-Aba section of the system 2E which was responsible for 13 percent of the affected pipeline while other areas accounted for the remaining 21 percent of cumulative line breaks.
It added that in spite of the breaches of its critical pipeline network during the period, the corporation had ensured continuous fuel supply and effective distribution across the country during the month under review.
The corporation noted that 1.76 billion litres of Premium Motor Spirit (PMS), also known as petrol was supplied in June, adding that the quantity of petrol supplied translated to 58.65 million litres/day effectively distributed.
The report then added that in order to sustain the supply and distribution of the products in the downstream sector, the NNPC must continue to monitor the daily stock of PMS across the nation.
