…As Dr. Baru Calls on Marketers to Sell Kerosene at N150 per litre

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to complete the ongoing Escravos to Lagos Pipeline System 2 (ELPS2) project in the fourth quarter of this year in order to boost gas to power in the country.

Group Managing Director of the NNPC, Dr. Maikanti Baru made this commitment during a courtesy visit to the Governor of Ogun State, Senator Ibikunle Amosun in Abeokuta.

Dr. Baru said the 36 inch and 342 kilometer pipeline infrastructure project would double the capacity of the existing ELPS thereby improve gas supply to Ogun State and environs.

“We wish to reiterate that NNPC will continue to support the aspiration of Ogun, Ondo and Lagos States toward the establishment of a mega city and the free trade zones. As you may be aware, gas supply to these states are key to the realization of these objectives. Our major gas and product pipelines transverses Ogun State,” Dr. Baru declared.

He said the recent achievement of security agencies in safeguarding the Atlas Cove to Mosimi system 2b pipeline would not have been possible without the support of the host communities and the state government and urged the state to prevent the encroachment to the petroleum product pipeline right of way, tapping into the pipelines to steal products and generally secure the assets and staff of the NNPC.

According to him, “currently, all NNPC Retail and Mega Stations are wet with kerosene and selling at N150 per litre. Iam calling on other marketers to emulate NNPC by selling kerosene at maximum of N150 also as there is sufficient margin for them to do so. We are committed to promoting the use of Liquefied Petroleum Gas (LPG) as a good choice for home cooking, which is also available at our NNPC Retail stations.”

In his response, Senator Amosun assured the GMD of NNPC of the preparedness of the state to continue to collaborate with the Corporation in securing all national oil and gas assets in the state.