Nigeria recorded crude oil and gas export sale of $434.85million in January 2020, an increase of 94.30 per cent pitched against the December 2019 figures, the Nigerian National Petroleum Corporation’s (NNPC) Monthly Financial and Operations Report, released today, in Abuja has stated.
The statement by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, said the month’s crude oil export sales contributed $336.65million (77.42 per cent) of the dollar transactions for the period, compared to the $136.36million sales in the previous month.
It added that export gas sales in January amounted to $98.20million, even as it noted that 2019 to January 2020 crude oil and gas transactions valued at $5.18billion was exported.
The January 2020 edition of the monthly report of the corporation is the 54th edition of the series.
The release said vandalism of NNPC pipelines across the Country recorded a phenomenal spike of 50 percentage increase in January, saying during the period,
60 pipeline points were vandalized, compared to the 40 incidents recorded in December last year.
Source:
John Ofikhenua
