7/23/2019 Monthly Sumary Report August 2015

1/2

NPC Monthly Oil & Gas Report: August 2015Crude Oil & Condensate Lifting and utilization

rude Oil Lifting Values

20.21 21.15 20.13 16.29 16.23 16.22 17.41

6.6 5.0 2.3 4.8 4.9 3.37.8

38.3 37.0 35.6 40.4 36.1 37.037.2

66.76 64.45 60.49 63.81 61.05 58.8163.73

0

50

00

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15

Monthly Lifting Entitlement (Million Barrels)

SUB-TOTAL (NNPC) FIRS (PSC) DPR (PSC) IOCs & INDEPENDENTS (INC. NPDC) AF (MCA/RDP)

13.6 14.6 14.1 11.2 12.3 11.215.5

6.6 6.5 6.15.1 3.9 5.0

1.9

20.2 21.1 20.1

16.3 16.2 16.2 17.4

0

10

20

30

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15

MillionBarrels

Government Crude Oil Lifting & Utilisation: NNPC Account

DOMESTIC EXPORT

LIFTING

MONTH

NIGERIAN GOVERNMENT IOCs &

INDEPENDE

NTS (INC.

NPDC)

AF

(MCA/RDP)

GRAND

TOTALFIRS (PSC) DPR (PSC)

NNPC SUB-TOTAL

GOVERNMEN

TEXPORT DOMESTIC

SUB-TOTAL

(NNPC)Barrels Barrels Barrels Barrels Barrels Barrels Barrels Barrels Barrels

Jan-15 6,599,431 410,000 6,647,330 13,564,197 20,211,527 27,220,958 38,250,075 1,291,873 66,762,906

Feb-15 4,995,452 260,000 6,539,228 14,608,257 21,147,485 26,402,937 36,991,819 1,054,215 64,448,971

Mar-15 2,295,064 1,296,138 6,071,583 14,062,453 20,134,036 23,725,238 35,552,081 1,210,000 60,487,319

Apr-15 4,754,914 51,400 5,119,906 11,173,963 16,293,869 21,100,183 40,410,853 2,297,199 63,808,235May-15 4,862,603 1,447,689 3,940,965 12,287,020 16,227,985 22,538,277 36,123,485 2,388,624 61,050,386

Jun-15 3,268,292 550,300 5,022,429 11,193,080 16,215,509 20,034,101 37,004,226 1,775,030 58,813,357

Jul-15 7,809,563 0 1,918,716 15,493,685 17,412,401 25,221,964 37,243,405 1,263,140 63,728,509

TOTAL 34,585,319 4,015,527 35,260,157 92,382,655 127,642,812 166,243,658 261,575,944 11,280,081 439,099,683

LIFTING

MONTH

NIGERIAN GOVERNMENT

IOCs &

INDEPENDENT

S (INC. NPDC)

AF

(MCA/RDP) GRAND TOTALFIRS (PSC) DPR (PSC)

NNPC

SUB-TOTAL

GOVERNMENTEXPORT DOMESTIC

SUB-TOTAL

(NNPC)

USD USD USD USD USD USD USD USD USD

Jan-15 310,266,556 19,539,530 323,425,507 643,398,273 966,823,780 1,296,629,866 1,861,055,489 61,313,050 3,218,998,405

Feb-15 292,117,092 15,672,480 361,897,548 824,796,241 1,186,693,789 1,494,483,361 2,047,221,568 62,951,971 3,604,656,901

Mar-15 126,351,941 69,709,608 340,227,160 761,340,884 1,101,568,044 1,297,629,593 1,992,196,044 67,563,676 3,357,389,313Apr-15 285,992,512 2,942,441 306,598,470 659,356,404 965,954,873 1,254,889,826 2,419,947,884 144,145,396 3,818,983,106

May-15 306,629,363 88,010,118 259,160,157 777,315,998 1,036,476,155 1,431,115,636 2,375,501,442 157,165,605 3,963,782,684

Jun-15 201,845,553 33,793,993 307,749,640 676,152,346 983,901,986 1,219,541,532 2,267,436,179 109,159,403 3,596,137,115

Jul-15 443,053,618 0 108,916,802 805,220,071 914,136,873 1,357,190,491 2,114,139,131 73,988,173 3,545,317,795

OTAL 1,966,256,635 229,668,170 2,007,975,285 5,147,580,217 7,155,555,501 9,351,480,306 15,077,497,737 676,287,274 25,105,265,317

YTD

Operational Parameter Jul Aug Jul Aug Jul Aug 2015

rude Processed (M/tons) 122,118 140,778 122,141 263,537 12,058 48,837 919,889

rude Loss/Consumed (M/tons) 6,997 10,726 6, 119 10,069 3, 232 19, 341 79,658

roduct Yields(M/tons) 115,121 130,052 116,022 253,468 8,826 29,496 840,231

apacity Utilization 23 .11 % 26 .64 % 1 3. 76% 29 .68 % 2 .5 9% 1 0. 50 % 10.04%

anned Yield (M/tons) 528,505 528,505 887,889 887,889 887,889 887,889 14,247,818

Loss/Consumption 5. 73% 7.62% 5.01% 3. 82% 26. 80% 3 9.60% 8.66%

elds Efficiency (%) 94 .27 % 9 2. 38 % 9 4. 99% 96 .18 % 7 3. 20% 6 0. 40 % 91.34%

WRPC PHRC KRPC

Refineries Capacity Utilization

23.1%

13.8%

2.6%

26.6%29.7%

10.5%

0%

20%

40%

WRPC PHRC KRPC

Refineries Capacity Utilization

July August

16.5 17.925.6

19.4 18.3 19.4 18.4

9.8 3.3

4.0

6.4 8.71.4 1.3

27.021.9

30.7 26.4 27.521.2 19.8

0

10

20

30

40

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15MillionsLitersPerDay

Average Daily PPMC Product Distribution Sales Volume

PMS DPK AGO

41.0 38.761.7

45.2 43.9 45.2 44.2

12 4

58 11 2 2

56.344.8

70.5

55.0 56.648.8 46.3

0

20

40

60

80100

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15

BillionsNaira

Sales Revenue From PPMC Product Distribution Sales Volume

PMS DPK AGO

672 646 672 605 533679 786

2,846 MW 2,781 MW 2,885 MW 2,675 MW2,219 MW

3,002 MW3,489 MW

0 MW

1,000 MW

2,000 MW

3,000 MW

4,000 MW

5,000 MW

0

250

500

750

1,000

1,250

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15

PowerGeneration

GasSupply(mmscfd) Gas Supply to Power plants & Generation

Gas Supply To Gas-Fired Power Plants (mmscfd) Power Generated from Gas-Fired Power Plants (MW)

Generation Gas 2 Power

7/23/2019 Monthly Sumary Report August 2015

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NPC Monthly Oil & Gas Report: August 2015

Restructurin

MONTHLY BUDGET

(=N= MILLION)

ACTUAL (=N= MILLION) YEAR TO DATE (=N= MILLION)

SBU/CSU

JULY AUGUST 2015 BUDGET 2015 ACTUAL

Revenue Expense

Profit/

(Loss) Revenue Expense

Profit/

(Loss) Revenue Expense

Profit/

(Loss) Revenue Expense

Profit/

(Loss) Revenue

Expense Profit/

(Loss)

NPDC 54,969 17,308 37,660 34,431 19,311 15,120 20,192 37,004 (16,812) 439,748 138,466 301,282 174,129 123,134 50,995

IDSL 1,970 1,279 692 1,562 792 771 302 691 (389) 15,764 10,228 5,536 8,923 5,988 2,934

NETCO 604 460 143 386 (921) 1,307 582 546 36 4,831 3,683 1,148 5,880 5,336 544

NGC 8,574 5,158 3,416 11,586 8,715 2,870 13,621 9,258 4,362 68,594 41,266 27,328 89,134 69,896 19,239

Sub-Total 66,117 24,205 41,912 47,965 27,111 20,068 34,697 47,500 (12,803) 528,937 193,643 335,294 278,066 204,354 73,712

KRPC 22,142 22,478 (336) 6 2,696 (2,690) 2 2,388 (2,386) 177,132 179,821 (2,689) 56 21,246 (21,190)

PHRC 35,345 36,296 (952) 34 2,048 (2,014) 15 2,024 (2,009) 282,758 290,371 (7,613) 371 15,474 (15,103)

WRPC 41,469 37,673 3,796 5 1,675 (1,670) 24 2,204 (2,180) 331,750 301,385 30,365 108 12,732 (12,624)

Sub-Total 98,955 96,447 2,508 46 6,420 (6,374) 41 6,616 (6,575) 791,640 771,577 20,063 535 49,453 (48,917)

RETAIL 2,878 1,787 1,091 1,451 970 481 1,730 1,150 580 23,025 14,297 8,728 12,023 8,344 3,679

PPMC

before

Subsidy

136,737 125,389 11,348 99,486 147,434 (47,947) 109,910 144,765 (34,855) 1,093,899 1,003,116 90,784 879,283 1,158,121 (278,837)

Sub-Total 139,616 127,177 12,439 100,937 148,404 (47,467) 111,640 145,915 (34,275) 1,116,924 1,017,413 99,512 891,306 1,166,465 (275,159)

CHQ 1,187 16,525 (15,338) 243 16,584 (16,341) 233 6,234 (6,001) 9,499 132,202 (122,703) 1,312 116,019 (114,707)

CSU 143 2,752 (2,609) 7 1,607 (1,600) 6 1,023 (1,017) 1,143 22,014 (20,871) 166 13,586 (13,420)

Sub-Total 1,330 19,277 (17,947) 250 18,191 (17,940) 239 7,256 (7,017) 10,642 154,216 (143,574) 1,479 129,606 (128,127)

Grand

Total 306,018 267,106 38,912 149,198 200,126 (51,714) 146,617 207,287 (60,669) 2,448,144 2,136,849 311,295 1,171,386 1,549,877 (378,491)

153.5 157.3163.2

141.3

111.4

148.8 149.2 146.6

0

50

100

150

200

Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15

NNPC Group Revenue 2015 (Billion Naira)

NPDC IDSL NETCO NGC RETAIL Refineries PPMC before Subsidy CHQ/CSU

51.0 19.23.7 2.9 0.5 12.6 13.4 15.1

21.2

278.8 378.5500

400

300

200

100

0

100

200

NPDC NGC RETAIL IDSL NETCO WRPC CSU PHRC KRPC CHQ PPMC beforeSubsidy

Total

BillionNaira

NNPC Group Surplus/Deficit YTD 2015

114

Key Challenges Facing NNPC:

Asset Integrity: Incessant pipelines breakages

nationwide has led to massive leakages andhuge accounting losses to NNPC

Crude Oil and Product losses resulting from theft

and vandalism

Sub-commercial contracts primarily legacy

problems

Low capacity utilisationof refineries

20 FIXES

Solutions

Download full report on www.nnpcgroup.com