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Nigeria, among other countries, consumed over 6.7 billion litres of petroleum products at states level in Q2 2019. More than half of its liquefied petroleum gas (LPG), popularly called cooking gas was imported to make up for national demand in the country within the second three months of the year: April, May and June 2019.
Unlike the first quarter of 2019 (Q1 2019) where Nigeria’s local supply of liquefied petroleum gas (LPG) far exceeded import by over 112 per cent, local supply of LPG (currently at 137.2 million litres) was less than its imports in the second quarter of this year (Q2 2019). The quantity of LPG sourced locally represents 63.06 per cent of the total volume imported alone in the quarter under review.
Data obtained from the National Bureau of Statistics (NBS) showed that 61.33 per cent of the total 354.70 million litres of LPG supplied in the country in Q2 2019 was imported while the remaining 38.67 per cent (164.71 million litres) was produced locally.
The country, which has the largest natural gas reserves in Africa and the ninth largest in the world, imported 217.5 million litres of LPG from April to June: 39.89 million litres in April; 84.70 million litres in May and 92.94 million litres in June 2019. The petroleum products importation statistics for Q2 2019 showed that 5.61 billion litres of premium motor spirit (PMS) was imported in Q2 2019; 1.38 billion litres of automotive gas oil (AGO); 12.22 million litres of household kerosene (HHK); 131.36 million litres of aviation turbine kerosene (ATK); 77.24 million litres of base oil; 41.79 million litres of bitumen and 27.68 million litres of low pour fuel oil (LPFO) were imported into the country in Q2 2019.
In comparison to the previous quarter, Q2 2019 saw petroleum products including premium motor spirit (PMS) increase in volume by 15.06 per cent; automotive gas oil (AGO) increased by 14.64 per cent; household kerosene (HHK) at 12.22 million litres; aviation turbine kerosene (ATK) was less by 42.14 per cent; base oil declined 18.77 per cent whereas bitumen and low pour fuel oil (LPFO) more than doubled by 130.62 per cent and 10.40 per cent respectively.
According to the data supplied by the Petroleum Products Pricing Regulatory Agency (PPPRA), nationwide distribution of truck out volume for Q2 2019 showed that 5.18 billion of PMS were distributed by 127,660 trucks; 1.28 billion litres of AGO were distributed by 38,025 trucks; 131.42 million litres of HHK were distributed by 4,448 trucks; and 176.14 million litres of ATK were distributed by 4,391 trucks nationwide during the period under review wherein Lagos had the highest percentage of all the fuel distributed in all the states.
Across regions, the south-west region had 2.34 billion litres (the largest capacity among other regions) of truck out volume of all the petroleum products chunked out in the quarter under review. Over 1.6 billion litres of PMS were distributed in the region on 44,346 trucks;539.33 million litres of AGO were distributed via 19,345 trucks; 48.12 million litres of HHK via 1,912 trucks and 141.26 million litres of ATK were equally distributed on 3,581 trucks in the states within the region.
The next is the north-central region with 1.14 billion litres of petroleum productswere distributed within its states. Further analysis showed that 21,358; 4,952; 615 and 490 trucks distributed 897.22 million litres, 196.63 million litres, 22.32 million litres and 21.21 million litres respectively of PMS, AGO, HHK and ATK respectively in the period under review.
Next is the south-south region with 21,396; 6,109; 995 and 81 trucks distributed 850.21 million litres, 241.38 million litres, 27.25 million litres and 3.37 million litres of PMS, AGO, HHK and ATK respectively in the period under review.
Within the north-west region, 901.17 million litres; 153.38 million litres; 10.42 million litres and 9.01 million litres of PMS, AGO, HHK and ATK were distributed via 19,967, 3,792, 279 and 209 trucks respectively.
Petroleum Prodistribution capacity within the states in the south-east region was fifth as 582.74 million litres, 89.9 million litres, 20.42 million litres and 1.13 million litres of PMS, AGO, HHK and ATK were distributed respectively. Whereas the least distribution of petroleum products was recorded in the north-east region where a total 8,818 trucks were responsible for the distribution of 336.49 million litres, 57.13 million litres, 2.88 million litres and 113 thousand litres of PMS, AGO, HHK and ATK respectively within the period under review.
