- Post by Admin on sunday, March 05, 2015
The vandalism of oil pipelines in the downstream sector of the petroleum industry recorded a drop of 12.77 per cent in April 2017, the monthly financial and operations report of the Nigerian National Petroleum Corporation has showed.
According to the report, which was released in Abuja on Monday, downstream pipeline sabotage decreased from 94 vandalised points in March to 82 in April, representing a 12.77 per cent reduction relative to the previous month.
The April figures also indicated substantial progress compared to the corresponding period of 2016 in which 214 incidents were recorded. In terms of products' availability in the period, the corporation's Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, noted that the NNPC maintained a stock of over 1.2 billion litres of petrol, which was sufficient for more than 34 days' forward consumption.