The Nigerian National Petroleum Corporation (NNPC) has disclosed that a total of crude oil and gas export sales of $416.07 million was realised in June, which is 35.78% higher than the previous month. The details of the figures are contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released on Thursday.
The Corporation noted that the crude oil export sales contributed $274.95 million which translated to 66.08% of the dollar transactions compared with $244.72 million contribution in the previous month. According to the report, the export gas sales for the month amounted to $141.12 million.
The report further noted that out of the 209.55bcf of gas supplied in June, a total of 113.08bcf of gas was commercialized, comprising 36.23bcf and 76.85bcf for the domestic and export markets respectively.
In the downstream sub-sector, 1,194.93 million litres of petrol were supplied into the country through the Direct-Sale-Direct-Purchase (DSDP) arrangements as against the 1,096.45 million litres of petrol supplied in May 2018.
It noted that the petroleum products (petrol, diesel & kerosene) production by the domestic refineries in the month under review amounted to 205.73 million litres compared to 161.91 million litres in May 2018.