4.3 C
New York
Monday, December 23, 2024
HomeCapital MarketWe have 1.8bn litres of fuel for February and March - NNPC

We have 1.8bn litres of fuel for February and March – NNPC

The Nigerian National Petroleum Company (NNPC) Limited has said that it has adequate supply of Premium Motor Spirit (PMS), also known as petrol that would serve Nigerians from mid-February to March.

NNPC’s Chief Corporate Communications Officer, Garba Deen Muhammad said the plan is part of its concerted efforts to sustain the supply of petroleum products nationwide.

He said;

Advertisements

“Latest updates released on Monday show that NNPC Limited has a total of 1.805 billion litres of PMS stock, representing 805.35 million litres in all the land depots nationwide and 1,000.20 million litres on marine vessels, which is equivalent to 30.09 days sufficiency.

Advertisements
Advertisements

An additional PMS supply of 884 Million Liters is also expected into the country by 28th February, 2023.

For March 2023, a total of 2.3 billion litres of PMS is expected into the country, while about 2.5billion litres, which is equivalent to 42 days sufficiency, will be the closing stock for the month under review.”

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari