NNPC floods market with 38.7million litres of aviation fuel

NNPC MD Maikanti Baru

As a way of ensuring hassle-free air travel across the country during and after the yuletide period, the Nigerian National Petroleum Corporation (NNPC) said it has flooded the market with Aviation Turbine Kerosene (ATK) popularly called aviation fuel.

NNPC Group Managing Director, Maikanti Baru, said in Abuja that 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.

Baru said in the build-up to the yuletide period, the corporation had exceeded the demand of marketers.

He explained that the NNPC had imported about 38.7million litres of aviation fuel which represented about 26-day sufficiency.

He said on December 14, 2016, the Corporation completed the discharge of 8,800MT which represented about 10.6million litres to major terminals in the country.

In addition, as at yesterday, 23,500MT which represented about 28.2million litres of the product was being discharged to the major oil terminals.

In order to sustain the tempo, he said NNPC had also secured the supply of additional 30,000MT vessel of ATK which represented about 36million litres expected to berth in Nigerian shores before the end of the year.

NNPC also said it has over 40-day sufficiency for PMS and adequate volumes of AGO and DPK to satisfy national demand “throughout the yuletide period and beyond”.

Baru further assured Nigerians that the NNPC would sustain the drive towards ensuring availability of petroleum products at all times.

 

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