Nigeria imports 5.61 bn litres of PMS in Q2, 2019- NBS

 

Nigeria imports 5.61 bn litres of PMS in Q2, 2019- NBS

By Folasade Akpan

The National Bureau of Statistics (NBS), has announced that 5.61 billion litres of Premium Motor Spirit (PMS), popularly known as petrol were imported into the country in the second quarter of the year.

The NBS said this on Tuesday in its Petroleum Products Imports and Consumption (Truck Out) Statistics for Second Quarter, 2019, obtained from its website.

It also reported that 1.38 billion litres of Automotive Gas Oil (AGO) also known as diesel, 12.22 million litres of kerosene and 131.36 million litres of aviation fuel were imported.

The report also indicated that 77.24 million litres of base oil, 41.79 million litres of bitumen and 27.68 million litres of Low Pour Fuel Oil were imported in the period under review.

According to the report, 354.70 million litres of Liquefied Petroleum Gas (LPG) was also imported into the country in the second quarter of the year.

The NBS said that state-wide distribution or truck-out volume for the second quarter showed that 5.18 billion litres of petrol were distributed nationwide.

It said that 1.28 billion litres of diesel, 131.42 million litres of household kerosene, 176.14 million litres of aviation fuel and 157.29 million litres of domestic gas were distributed nationwide during the period.

The data for the report was provided by the Petroleum Products Pricing and Regulatory Agency, verified and validated by the NBS. (NAN)

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