NNPC floods market with aviation fuel, discharges 38.7m litres



In its bid to ensure a hitch-free air travel across the country during and after the yuletide period, the Nigerian National Petroleum Corporation (NNPC) says it has flooded the market with Aviation Turbine Kerosene (ATK) popularly called aviation fuel.
The Group Managing Director of the Corporation, Dr. Maikanti Baru, who disclosed this in Abuja Monday said the step was taken to forestall shortage of the product, a situation that had recently led to reported cases of flight delays and cancellations across the nation’s airports.
Dr. Baru said in the build-up to the yuletide period, the Corporation had exceeded the demand of marketers, stating that the NNPC had imported about 38.7 million litres of aviation fuel which represented about 26-day sufficiency.
Specifically, he continued, on December 14, 2016, the Corporation completed the discharge of 8,800MT which represented about 10.6 million litres to major terminals in the country. In addition, as at this morning (December 19, 2016), 23,500MT which represented about 28.2 million litres was being discharged to the major oil terminals.
In order to sustain the tempo, the Corporation had also secured the supply of additional 30,000MT vessel of ATK which represented about 36 million litres expected to berth Nigerian shores before the end of the year.
Furthermore, the NNPC stated that it has over 40-day sufficiency for Premium Motor Spirit (Petrol), PMS and adequate volumes of Automated Gas Oil (Diesel) AGO and DPK to satisfy national demand throughout the yuletide period and beyond.
The GMD further assured Nigerians that the NNPC would sustain the drive towards ensuring availability of petroleum products at all times.

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