Nigeria imported 5.56bn litres of petroleum products in Q3 – NBS

The National Bureau of Statistics, NBS, has disclosed that Nigeria’s importation of refined petroleum products rose by five percent to 5.56 billion litres in the third quarter of 2018 Q3’18, from 5.3 billion litres recorded in the Q2’18.

This disclosure was contained in its report titled: “Petroleum Products Imports and Consumption (Truck Out) Statistics (Q3 2018)”.

The report indicated that the country imported 4.37 billion litres of premium motor spirits (PMS), popularly known as Petrol and 873.72 million litres of automotive gas oil (AGO), ie diesel in Q3’18.

It further revealed that, 312.71 million litres of household kerosene (HHK) and 212.80 million litres of aviation turbine kerosene (ATK) were imported into the country in Q3’18.

September 2018 recorded the highest volumes of petrol imports into the country at 1.59 billion litres while the highest volumes of diesel and HHK, were imported in July and August 2018 respectively.

The report also showed that 4.52 billion litres of petrol, 1.02 billion litres of diesel, 168.42 million litres of HHK, and 189.21 million litres of ATK and 125.43 million litres of Liquefied Petroleum Gas (LPG) were distributed nationwide during the period.

Recall that Nigeria National Petroleum Corporation, NNPC, had couple of months ago revealed that none of Nigeria’s four refineries worked up to 50 per cent of their capacity at any time during 2017.