A total of 17.174 bcf of gas burnt by Oil Producers in January can, based on available generation, power the entire nation for 20 days + JVs, PSCs and NPDC’s contributions to gas flaring in January
The volume of gas burnt by oil producers in Nigeria in 31 days of January could generate 70,156 Mega Watt (MW) of electricity, Platforms Africa reports authoritatively.
Nigeria, Africa’s most populous nation with approximately 200 million people, is presently suffering from acute shortage in electricity supply blamed mostly by electricity generators on gross gas supply insufficiency.
Data, compiled exclusively by this fastest growing Africa-focused leading online newspaper shows that with an average gas flaring rate of 554.01 million standard cubic feet of gas daily (mmscfd), the producers including the Joint Ventures (JVs) partners, Production Sharing Contractors (PSCs) and the Nigerian Petroleum Development Company (NPDC), jointly burnt 17.17431 billion standard cubic feet (bcf) of Nigeria’s gas in the 31 days.
Drawing figures from report on gas utilisation uploaded by the Nigerian National Petroleum Corporation (NNPC), Platforms Africa can report authoritatively that a total of 223.55Billion Cubic Feet (BCF) of natural gas was produced in the month of January 2021, translating to an average daily production of 7,220.22 Million Standard Cubic Feet per Day (mmscfd).
The gas utilisation review, which is a part of the Monthly Financial and Operational Report (MFOR) further validated Platforms Africa’ report of “an average gas flaring rate of 554.01 million standard cubic feet of gas daily (mmscfd)” in the month under review.
This translated to 17.174 bcf in 31 days while daily average natural gas supply to gas power plants increased to 836mmscfd, equivalent to power generation of 3,415MW.
With this, the arithmetic of gas to power generation shows that the 554.01mmscf flared daily in the month could generate 2,263.1MW.
This, in 31 days, amounted to 70,156 MW worth of electricity that the country lost to gas flaring.
“The 223.55BCF gas production figure also represents a 4.79% increase over output in December 2020.
“Also, the daily average natural gas supply to gas power plants increased by 2.38% to 836mmscfd, equivalent to power generation of 3,415MW,” the gas utilisation report shows.
For the period of January 2020 to January 2021, a total of 2,973.01BCF of gas was produced representing an average daily production of 7,585.78 mmscfd during the period.
To guarantee energy security, the Corporation, the report added, also supplied a total of 1.44billion litres of Premium Motor Spirit (petrol), translating to 46.30million liters/day, across the country in the period under review.
Period-to-date Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and Nigerian Petroleum Development Company (NPDC) contributed about 65.20%, 19.97% and 14.83% respectively to the total national gas production. This also reflects their gas flaring ratio.
Out of the total gas output in January 2021, a total of 149.24BCF of gas was commercialized consisting of 44.29BCF and 104.95BCF for the domestic and export markets respectively.
This translates to a total supply of 1,428.65mmscfd of gas to the domestic market and 3,385.57mmscfd to the export market in the month under review.
This indicates that 67.15% of the daily gas output was commercialized while the balance of 32.85% was re-injected, used as upstream fuel, or flared.
Gas flare rate was 7.73% for the month under review (i.e. 554.01mmscfd) compared with average gas flare rate of 7.19% (i.e. 539.69mmscfd) for the period of January 2020 to January 2021.
The 66th edition of the NNPC MFOR highlights NNPC’s activities for the period of January 2020 to January 2021. It is published in line with the Corporation’s commitment to the tenets of Transparency, Accountability and Performance Excellence (TAPE).
The Corporation has sustained effective communication with its stakeholders through the publication of the report on its website, independent online news platforms and national dailies.