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Importation of petroleum products increased to 5.6bn litres in quarter 3

Importation of petroleum products increased to 5.6bn litres in quarter 3

The importation of petroleum products into the country increased by five percent in the third quarter of 2018 from 5.3 billion litres in the second quarter of the year to 5.56 billion.

This was disclosed by the National Bureau of Statistics (NBS) in its latest report on importation band consumption of petroleum products in the country.

The NBS said in the report published on its website: “The petroleum products importation statistics for Q3 2018 reflected that 4.37 bln litres of premium motor spirits (PMS), 873.72 mln litres of automotive gas oil (AGO), 312.71 mln litres of household kerosene (HHK), 212.80 mln litres of aviation turbine kerosene (ATK), and 162.37 mln litres of Liquefied Petroleum Gas (LPG) were imported into the country in Q3 2018.

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“The months of Septemebr 2018 recorded the highest volumes of premium motor spirits (PMS) imported into the country at 1.59 bln litres while the highest volume of automotive gas oil (AGO) and household kerosene (HHK) were imported in July and August 2018 respectively.

“State-wide distribution of truck-out volume for Q3 2018 showed that 4.52bn of premium motor spirits (PMS), 1.02 bln litres of automotive gas oil (AGO), 168.42 mln litres of household kerosene (HHK), 189.21 mln litres of aviation turbine kerosene (ATK) and 125.43 mln of Liquefied Petroleum Gas (LPG) were distributed during the period under review.”

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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