The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over the prevalent low grade and contaminated AGO, otherwise called diesel offered at discounted prices in parts of the Country.
The warning is contained in a report by NNPC Retail Limited Managing Director, Sir Billy Okoye, on Friday, advising motorists to be wary of the off-spec products.
Okoye stated that the warning became necessary because the low grade, contaminated diesel was harmful to machines and the environment.
He said that NNPC Retail Limited as a market leader considered it incumbent upon it to alert the public on the subject.
He assured consumers that NNPC Retail Limited was dealing only in premium, high-quality products in the interest of Nigerian motorists and users.
He urged consumers to patronise the company’s stations where the quality of their products was assured.
As a deregulated product, diesel is also imported by other major and independent marketers in the Country.
Meanwhile, the Corporation says it is taking measures to bring down cost of crude oil production to 10 dollars per barrel or below.
The Corporation’s Chief Operating Officer (COO), Ventures and Business Development, Mr Roland Ewubare, said this in a statement issued by the corporation in Abuja, on Friday.
The statement said that Ewubare spoke as a guest speaker at a TV programme in Abuja.
He explained that terrain peculiarity was an important factor in determining cost, arguing that issues such as pipeline vandalism and crude oil theft, among others, were some of the factors peculiar to Nigeria terrain that increased crude oil production cost in the country.
He, however, stated that NNPC was looking very closely at such variable as logistics, security and transportation with a view to reducing cost of production to 10 dollars and below per barrel.
He disclosed that much had been done over the years in the area of reducing contracting cycle which used to be a major factor responsible for high cost of production.
He added that the National Petroleum Investment Management Services (NAPIMS) achieved a six-month contracting cycle under him as Group General Manager.
Amidst speculations of non-compliance by some countries with the production cuts agreed upon by the Organisation of the Petroleum Exporting Countries (OPEC) and its non-member allies, he affirmed that Nigeria was in full compliance with the agreed output cuts.
He noted that reports including Nigeria on the list of non-compliant countries were not true.
Ewubare said that although Nigeria’s total production capacity was 2.3 million barrels per day (mbpd), it was currently producing only about 1.4 mbpd in compliance with the OPEC+ production quota.
He said that what made up the little extra over the 1.4 mbpd figure being bandied around for Nigeria was condensate which is usually not computed as part of production in OPEC quota.
“There’s some confusion in the market around the parameters for the production cuts.
“Nigeria has a full production capacity of about 2.3 mbpd. We are currently producing between 1.6 mbpd and 1.7mbpd.
“Our OPEC quota as a result of the cuts is about 1.4 mbpd. Condensate is not included in the computation of the cut numbers.
“So what we have is 1.4 mbpd of crude oil. The little you see above 1.4 mbpd is made up of condensate which does not count as part of the basis for assessing our OPEC quota,” he said.
It will be recalled that NNPC Group Managing Director, Malam Mele Kyari, in a recent interview, said that NNPC was working assiduously to bring down the cost of crude oil production to not more than 10 dollars per barrel by 2021. (NAN)
ed pills cheap
buy prednisone without a prescription best price order prednisone prednisone 60 mg daily
prednisone 54 order prednisone can you buy prednisone
stromectol online canada ivermectin for humans dosage ivermectin 5ml
ivermectin pyrantel ivermectin horse paste human dosage how to use ivermectin paste for humans
ivermectin capsules for humans ivermectin for gapeworm ivermectin praziquantel
diabetes and ed cheap ed pills mens ed
10 mg generic cialis sex pills cialis find cheapest cialis pills
ivermectin 6mg dosage ivermectin side effects in humans heartguard ivermectin
prescription meds without the prescriptions prescription drugs best canadian online pharmacy
ivermectin for cutaneous larva migrans ivermectin for swine oral drug ivermectin
ivermectin 0.1 uk stromectol liquid ivermectin bed bugs
ivermectin cancer ivermectin? stromectol 6 mg dosage
ivermectin cream reviews ivermectin for ear mites ivermectin ear mites cats
ivermectin collies is ivermectin safe ivermectin tablets
canadian pharmacies not requiring prescription highest rated canadian pharmacies canada rx drugs online
india pharmacy mail order generic drugs without doctor’s prescription india pharmacies online
pharmacy from india reputable online pharmacies in india generic drugs without doctor’s prescription
trusted online canadian pharmacy reviews discount prescription drugs online buy prescription drugs online cheap
stromectol 3 mg tablets price stromectol without a doctor prescription stromectol for humans for sale
sildenafil citrate tablets 100 mg viagra tablets for men viagra where to buy
price for viagra sildenafil sildenafil 100 mg
buy clomid 50mg online clomid tablets for sale where to buy cheap clomid online
stromectol for humans for sale stromectol without a doctor prescription ivermectin without a doctor prescription
erythromycin vs azithromycin erythromycin eye drops
stromectol for sale stromectol stromectol without a doctor prescription
prescribing stromectol stromectol for humans for sale stromectol for sale
does simparica trio have ivermectin stromectol tablets for humans durvet ivermectin ingredients
stromectol tablets for humans stromectol for sale ivermectin where to buy
stromectol tablets for humans stromectol for sale stromectol 12 mg tablets
stromectol 12 mg tablets stromectol tablets for humans for sale stromectol tablets for humans
viagra over the counter viagra pills how much is viagra
erythromycin ingredients
cheap viagra online sildenafil citrate tablets 100 mg viagra without a doctor prescription usa
cialis 20mg canada tadalafil 20mg buy cialis 20 mg online
cialis super active plus reviews cialis cialis 36 canada
how to avoid cialis side effects tadalafil cheap generic cialis canada
coupon for free cialis tadalafil cheap cialis australia
erythromycin ointment
cialisnonprecription best price for daily cialis cialis vs viagra reviews
cialis цена best price for daily cialis cialis 20mg mailorder abilene
erythromycin side effects
https://erythromycinn.com/# antibiotic erythromycin
how to apply erythromycin ophthalmic ointment erythromycin ophthalmic ointment usp
erythromycin mechanism of action erythromycin spectrum
order generic plaquenil plaquenil tablets 200mg buy online
plaquenil tablets 200mg buy online plaquenil side effects eyes hydroxychloroquine online otc
https://www.hydroxychloroquinex.com/ plaquenil hydroxychloroquine 200mg tablets
free slots games to download
freevegaspennyslots
100% free empress of the deep games
429135 55634I feel this really is among the most vital info for me. And im glad reading your post. But wanna remark on few common items, The website style is perfect, the articles is really great : D. Very good job, cheers 829599
guide casinos
wms slots
winning slots on facebook home
writing a proposal for your dissertation
mathematics dissertation help
writing acknowledgement dissertation
dissertation writing tutors
uk dissertation writing
dissertation help services
dissertation editing help
dissertation editing help
define dissertation
writing my dissertation
what does dissertation mean
dissertation writing uk
professional dissertation help
cheap dissertation help in los angeles
uk dissertation writing
dissertation writing software
online dissertation help
doctoral dissertation help qualitative
dissertation writing advice
buy a dissertation online help
writing dissertation proposal
dissertation literature review help
proposal writing company
dissertation plan
top mobile casino
casino bonuses online
online casino usa real money
dissertation proposal sample
writing services
dissertation writing services uk
casino bonuses online
casino welcome bonus
free casino bonus
books and dissertation about mafa people
art dissertation help
what is a dissertation
casino sign up bonus no deposit
best online casino us
mobile online casino
writing a proposal for your dissertation
masters dissertation writing services
proposal writing company
free bonus no deposit casino
best online casino to win money
free bonus no deposit casino
uf dissertation format
art dissertation help
custom dissertation writing services
best online blackjack
blackjack real money
deposit bonuses
online casinos no deposits
online casino reviews usa
usa casinos
united states online casino
online casino usa real money no deposit bonus
free casino bonus no deposit
casino play for real money
bovada online casino
kasino bonus