…Seeks expedited action on ELPS2

By Uche Usim

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The Nigerian National Petroleum Corporation (NNPC) has urged oil marketers to sell kerosene at N150 a litre, even as it assured that all retail stations of the Corporation and other mega stations have been adequately supplied with kerosene and are selling at N150 per litre.
The price of the Dual Purpose Kerosene has been product oscillating between N220-N300 a litre in most areas in Lagos and Abuja.
The Group Managing Director of NNPC, Dr. Maikanti Baru, who disclosed this at the weekend during a courtesy visit to the Governor of Ogun State, Ibikunle Amosun, in Abeokuta, said marketers ought to emulate the NNPC by selling the vital product at the same price.
“I am calling on other marketers to emulate NNPC by selling kerosene at a maximum of N150 per litre which also provides sufficient margin for them on the product. We are committed to promoting the use of Liquefied Petroleum Gas (LPG) as an alternative energy for home cooking, which is also available at our NNPC Retail stations,” he said.
Baru also expressed NNPC’s readiness to complete the ongoing Escravos to Lagos Pipeline System 2 (ELPS2) project in the last quarter of this year in order to boost gas to power utilisations in the country.
He revealed that the 36 inch and 342 kilometer gas pipeline project would double the capacity of the existing ELPS thereby improving 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 transverse Ogun State,” Baru said.
He said the recent achievement by security agencies in safeguarding from Atlas Cove to Mosimi System 2B pipeline would not have been possible without the support of the host communities and the state government.
The GMD urged the state government to help prevent encroachment on petroleum product pipeline right of way and incessant hacking into the pipeline to steal products.
In his response, the Governor assured the GMD of the preparedness of the state to continue to collaborate with the Corporation in securing all national oil and gas assets in Ogun state.