ANNUAL STATISTICAL BULLETIN

Transcription

1 NIGERIAN NATIONAL PETROLEUM CORPORATION ANNUAL STATISTICAL BULLETIN JANUARY DECEMBER 1997 CORPORATE PLANNING AND DEVELOPMENT DIVISION (CPDD)

2 S/N TABLE OF CONTENTS Executive Summary General Review of Nigeria s Petroleum Industry Activities in Seismic Activities: Exploration 1997 Seismic Activities: Processing and Re-processing 1997 Rig Operations by Company 1997 Drilling Summary by Company Crude oil, Gas and Water Production - Full year 1997 Summary of Crude Oil Production compiled from Company s Monthly Report Crude Oil Production by Company, Crude stream Monthly Analysis of Crude Oil Production by Stream Monthly Analysis of Crude Oil Production by Company Nigeria Crude Oil Exports Analysis of Crude Oil Production vs Exports Nigeria Crude Oil Exports by Destination NNPC Equity Crude Oil Exports & Revenue by Types Gas Export and Revenue Gas Production and Utilization by field Summary of Gas Production and Utilization by Company Nigerian Gas Company: Gas Sales Joint Venture Gas Sales Statistics Total Crude Oil and Gas Revenue Flow Nigerian Crude Oil Realizable Prices Average Spot Prices of OPEC Reference Basket and Some Selected Crudes Nigerian Crude Oil Production and Exports ( ) Nigerian Natural Gas Production and Disposal ( ) World Crude Oil Production and Exports ( ) Crude Oil Production in OPEC Member Countries ( ) OPEC & Nigeria: % Contribution to World Crude Oil Production and Exports Nigerian Crude Oil Reserves and Production Ratio 1997 Refinery Crude Oil Balance Crude Oil Received Crude Oil Processed Finished Products Refinery Production Returns Refinery Fuel and Loss Statistics Domestic Consumption of Petroleum Products by States Petroleum Products Distribution by Marketing Company Bunker Sales Report Petroleum Product Exports Petroleum Products Imports Annual Petroleum Products Sales in Nigeria Petroleum Products Retail Price Trend Glossary of Terms Page

3 EXECUTIVE SUMMARY The operation Division of NAPIMS with the Joint Venture Partners and oil producing companies operating under the Production Sharing Contract (PSC) acquired 750 kilometres of 2-D seismic data and 17,458 square kilometers of 3-D seismic lines. In all, 26 rigs were in operations both onshore and offshore terrains. A total of 155 wells were spudded involving twelve (12) exploratory, fourteen (14) appraisal and one hundred and one (101) development wells, while the remaining twenty-eight (28) were worked over. Total crude oil production, including condensates, stood at million barrels or an average of million barrels per day in Total revenue generated into Federation Account amounted to $ billion. Of this, PPT contribution stands at $3.014 billion, Royalties about $1.453 billion while equity oil sales accounted for about $7.527 billion. Crude oil suppliers to the three local refineries amounted to about million barrels while 78 million barrels were processed. Total petroleum products produced by these refineries were put at about 9.37 million metric tonnes ( million barrels). The difference between crude oil processed and product output can be explained as refinery fuel and loss which is about 12% 2

4 Petroleum Products Marketing Company (PPMC), a subsidiary of NNPC evacuated about 9.37 million metric tonnes of petroleum products from refineries and imported about million metric tonnes for local consumption. In all, about million metric tonnes of petroleum products were available for domestic consumption. Available oil statistics shows that total crude oil exports stood at million barrels averaging million barrels per day in Of this, the Federation (NNPC) Equity oil export stood at million barrels. Natural gas produced in association with oil amounted to 1,142 Billion standard cubic feet. Of this, Bscf (70.21%) was flared, while the remaining were re-injected, used as fuel, sold, or converted to NGL. Shell Development Producing Company (SPDC) sold Bscf of natural gas amounting to N772,224 million, while NGC sold a total of Bscf amounting to N2.468 billion. However, it should be noted that 85% of NGC sales is to NEPA at subsidized rate. 3

5 GENERAL REVIEW OF NIGERIA S PETROLEUM INDUSTRY ACTIVITIES IN Seismic Activities Geographical activities during the year were undertaken by four joint ventures companies and two other oil companies that are operating under production sharing contracts. Overall the companies acquired a total 17, square kilometers of 3-D seismic data while a total of 750 were covered under 2-D seismic survey. Nigeria Agip Oil Company (NAOC) shot a total of 2, square kilometers (3-D) seismic survey under production sharing contract and 400 square kilometers operating under the joint ventureship. The leading producing oil company, Shell Petroleum Development Company (SPDC) shot a total of 1,660 square kilometers of seismic activities. 2. Drilling Activities During the year under review a total number of 26 rigs were in operations both offshore and onshore (Land/Swamp) terrain s. Thirteen (13) of the rigs were both for offshore drilling activities while twelve (12) were involved in onshore drilling projects. The remaining one ( 1 ) rig was used as hoist 4

6 A total of 155 wells were spudded involving twelve (12) exploratory/completion, fourteen (14) appraisal, one hundred and one (101) development wells, while the remaining twenty-eight (28) wells were worked over. Joint Venture Oil Companies were involved in the four areas of drilling activities. In all, eight (8) exploratory, twelve (12) appraisal, one hundred and one (101) development and twenty-eight (28) worked-over wells were undertaken. The total wells spudded under this arrangement stood at one hundred and forty-nine (149) wells. Only six wells were spudded by companies operating under production sharing contracts (PSC). 3. Crude Oil Production Crude oil production, including Condensate, for the year stood at 855,736,287 barrels or an average of 2,344,483 barrels per day. This figure shows an increase of 173,841,647 (20.3%) over that of 1996 which stood at ,600 barrels or an average of 1,863,100 barrels per day. Shell producing Development Company of Nigeria (SPDC) Produces 328,118,620 barrels (898,955 b/d) which is about 38.34% of all the production. SPDC is followed by Mobil 230,889,049 barrels (632,573 b/d), chevron 152,906,246 barrels (418,921 b/d), NAOC 54,177,629 barrels (148,432b/d) in that order. Other noticeable oil producers are Elf 5,857,103 barrels (118,907 b/d), Texaco 3,839,099 barrels (77,939 b/d), Pan-Oceanic 171,320 5

7 barrels (3,478 b/d), NPDC 232,918 barrels (4,729 b/d) and Connoco 398,050 barrels (8,081 b/d). shell, Mobil and chevron produced about 83.19% of the total oil and Condensate produced in Qua Iboe light crude stream topped the list of all crude oil streams with a total production of 199,478,837 barrels followed by Forcados Blend with 168,444,520 barrels and Bonny Light with 147,921,962 barrels in that order. Escravos Blend 136,547,437 barrels Brass Blend 62,658,559 Bonny Medium 39,544,154 Pennington Light 28,447,721 Odudu Blend 24,964,535 The total production of the least crude oil stream Ima, which was first produced in September 1997, stood at 1,999,460 barrels. 4. Domestic Refining During the period under review, three local refineries made up of WRPC, KRPC and PHRC received a total of 80,473,490 barrels, for processing. This includes Bonny Light 39,274,440 barrels, Escravos Light 36,381,250 barrels and Forcados Blend 2,334,750 6

8 barrels. Arab Light, which is foreign crude oil stream accounted for 2,463,220 barrels. Refinery Crude Processed (bbl) Through Put (b/d) Port-Harcourt 37,797, ,554 Warri 28,923,570 79,242 Kaduna 11,281,060 30,907 Total petroleum product produced by the three local refineries amounted to 9,280,829 metric tonnes for the year Of this PHRC produced 4,761,268 metric tonnes, WRPC 3,335,889 metric tonnes while KRPC produced 1,183,672 metric tonnes of petroleum products. 5. DOMESTIC Crude Oil Consumption Crude oil supplies to local refineries were 80,473,490 barrels. A total of 78,002,000 barrels was processed for local consumption. PPMC Evacuated 9,374,296 metric tons (68,713,589 barrels) of petroleum products from the refineries imported about 1,666,952 metric tons (12,218,758 barrels) in to the country. Hence a total of 11,041,248 metric tons of petroleum products were available 221,732 barrels per day. Petroleum product delivered for local consumption through the refineries are as follows: 7

9 Product Metric Tons LPG 64,087 PMS 2,994,598 DPK 1,612,377 AGO 2,397,044 Fuel Oil (LPFO) 1,668,087 Fuel Oil(HPFO) 615,684 Base Oil 721 Asphalt 60,922 Petrochemicals 10,776 Total 1,666,952 Petroleum Products imported for local consumption are as follows: Product Metric Tons PMS 1,061,856 TK 419,799 AGO 185,297 Total 1,666, Natural Gas Production and Disposal Natural gas produced in association with oil during the year amounted to 1,142 Bscf. Of this, Bscf (70.21%) was flared, while the remaining were re-jected, used as fuel, sold or converted to NGL. 8

10 Natural gas sales were made both by Shell Development Producing Company (SPDC) and Nigeria Gas Company (NGC), a subsidiary of NNPC. SPDC made a total sale of Bscf amounting to 772,224 million while NGC made a total sales of Bscf amounting to billion Crude 7. Oil Exports Available oil statistic shows that crude oil exports stood at 767,949,757 barrels averaging 2,103,972 barrels per day. NNPC equity crude oil exports total 392,279,889 barrels amounting to $7,402,215,884 or 161,191,292,312. 9

11 1997 Seismic Activities: Table 1 Company 2-D (KM) 3-D (SQ. KM) JV COYS SHELL - 1,660 MOBIL CHEVRON - 11,646 ELF - - NAOC TEXACO - - PAN-OCEAN - - SUB - TOTAL JV Nil 14,206 PSC COYS ASHLAND OIL - - ASHLAND EXPL. - - AENR - - SNEPCO STATOIL/BP - 1,230 CONOCO - - ESSO - - NAOC (PSC) - 2, CHEVERON (PSC) - ELF (PSC) - - MOBIL (PSC) - - SUB - TOTAL PSC 750 3, GRAND TOTAL ,458 10

12 Table 2a 1997 Rig Operations by Company: Company Total Number of Drilling Rigs Hoist Offshore Onshore Land/Swamp JV COYS SHELL MOBIL CHEVRON ELF NAOC TEXACO PAN-OCEAN SUB - TOTAL JV PSC COYS ASHLAND OIL ASHLAND EXPL AENR SNEPCO STATOIL/BP CONOCO ESSO NAOC (PSC) CHEVERON (PSC) ELF (PSC) MOBIL - - SUB - TOTAL PSC TOTAL

13 Table 2b 1997 Drilling Summary by Company: Company Exploratory/ Completion Appraisal Development Work over JV COYS SHELL MOBIL CHEVRON ELF NAOC TEXACO PAN-OCEAN SUB - TOTAL JV PSC COYS ASHLAND OIL ASHLAND EXPL AENR SNEPCO STATOIL/BP CONOCO ESSO NAOC (PSC) CHEVERON (PSC) ELF (PSC) MOBIL SUB - TOTAL PSC TOTAL

14 List of Indigenous License Holders, As at December 31, 1996 Table 2c S/NO. NAME OF COMPANY LICENSE AWARD DATE 1 Dubri Oil OML 96 August, Queens Petroleum OPL 135 November, Cavendish Petroleum OPL 453 " " 4 Consolidate Oil OPL 113 " " 5 Express Oil & Gas OPL 74 " " 6 Summit Oil International OPLs 205 &206 " " 7 International Petrol Energy Co. (IPEC) OPLs229 & 202 " " 8 Paclantic Oil Co. OPL 204 " " 9 Inko Petroleum (Now Oriental Energy) OPL 224 " " 10 Ultramar Energy OPL 227 " " 11 Solgas (Nig.)Ltd. OPL 226 February, Atlas Petroleum OPL 75 " " 13 Supra Investment (Now Amalgamated OPLs 203 & 452 May/June, Union Square Petrogas OPL 201 " " 15 Seagull OPL 467 " " 16 Moncrief Oil International OPL471 " " 17 Yinka Folawiyo Petroleum OPL 309 " " 18 Alfred James Petroleum OPL 302 " " 19 General Oil OPL 304 " " 20 Allied Energy Resources OPL 210 June, Noreast Petroleum OPL 215 " " 22 AMNI Petroleum Dev.,Co. OPL Peak Petroleum OPL Intoil Nig. Ltd OPLs 214 & Optimum Petroleum OPL 310 " 26 Famfa Oil OPL 216 " 27 Azenith (Nig.) Ltd OPL 458 (?) " 28 Crescent Oil OPL 234 " 29 First Aries OPL 235 " 30 Asaris OPL 236 " 31 Petroleum Product Ltd OPL 233 " 32 Nyemoni Petroleum OPL 230 " 33 Sunlink Petroleum OPL 474 " 34 MLM Petroleum OPL 454 " 35 Mareena OML 12 " 36 Brass Petroleum OPL 203 " 37 Dunia Oil OPL 241 " 38 Lamont Oil OPL 207 " 13

15 Table Summary of Crude Oil Production by Companies COMPANY PRODUCTION bbls m 3 DAILY AVG. (BARREL) % OF TOTAL PRODUCTION NPDC 1,725, ,918 4, JV: SHELL 328,118,620 44,280, , MOBIL 230,889,049 31,159, , CHEVRON 152,906,246 20,635, , ELF 43,401,134 5,857, , NAOC 54,177,629 7,311, , TEXACO 28,447,721 3,839,099 77, Sub - Total 837,940, ,082,375 2,295, PSC: PAN-OCEAN 1,269, ,320 3, ASHLAND OIL 5,830, ,888 15, AENR 3,737, ,333 10, DUBRI 283,533 38, CONOCO 2,949, ,050 8, AMNI 1,999, ,833 5, Sub - Total 16,069,964 2,168,686 44, GRAND- TOTAL 855,736, ,483,979 2,344,

16 Table 4 Monthly Crude Oil Production by Stream: 1997 CRUDE STREAM MONTH Forcados Blend Bonny Light Bonny Medium Brass Blend Escravos Light Pennington Light Antan Blend Odudu Blend IMA Qua- Iboe Light Oso Condensate Other Condensate Total JANUARY 15,378,897 15,807,420 2,046,852 4,776,377 10,584,634 2,622, ,348 2,172,349-15,155,368 3,145, ,413 72,741,486 FEBRUARY 13,360,521 13,977,742 2,129,377 4,180,082 9,470,659 2,325, ,211 1,975,966-14,527,958 2,777, ,657 65,654,401 MARCH 13,425,674 14,111,637 2,257,063 4,732,086 11,410,513 2,489, ,932 1,734,632-15,866,728 3,077, ,049 70,234,975 APRIL 13,973,689 15,185,499 1,585,460 4,450,843 11,250,022 2,380, ,102 2,710,288-16,050,461 2,187, ,772 70,902,877 MAY 14,564, ,203 15,560,438 5,726,892 11,166,529 2,371, ,992 1,399,784-16,587,199 3,308, ,221 72,578,647 JUNE 14,373,929 14,077,838 2,144,812 4,654,086 11,178,903 2,924, ,975 2,136,750-15,910,377 3,086, ,505 71,464,820 JULY 14,192,540 12,363,553 2,150,252 5,608,304 11,671,445 2,248, ,854 2,229,801-16,757,915 2,677, ,694 70,958,795 AUGUST 14,831,508 13,690,167 1,460,907 5,713,879 11,767,181 2,270, ,759 2,203,623-17,512, , ,743 71,234,915 SEPTEMBER 14,566,878 11,836,869 2,417,627 5,621,812 11,464,664 2,242, ,510 2,152, ,388 17,620,305 2,859, ,694 72,329,038 OCTOBER 14,198,483 12,698,587 2,541,256 5,735,673 12,380,071 2,026, ,197 2,110, ,397 18,270,407 2,734,730 1,213,920 74,688,993 NOVEMBER 13,569,819 11,185,195 2,591,240 5,533,769 11,883,293 2,272, ,807 1,865, ,923 17,745,174 2,287,578 1,423,200 71,235,804 DECEMBER 12,008,278 12,243,252 2,658,870 5,924,756 12,319,523 2,274, ,541 2,272, ,752 17,474,210 2,534,017 1,479,794 71,711,536 GRAND TOTAL 168,444, ,921,962 39,544,154 62,658, ,547,437 28,447,721 3,221,228 24,964,535 1,999, ,478,837 31,410,212 11,097, ,736,287 15

17 Table 5 Monthly Crude Oil Production by Company: 1997 MONTH COMPANY January February March April May June July August September October November December Total NPDC 119, , ,251 98,670 98, , , , , , , ,043 1,710,771 JVC SHELL 29,835,838 26,478,154 26,667,567 27,684,633 28,908,984 27,685,491 26,472,297 28,247,372 26,834,809 27,799,109 26,017,965 25,486, ,118,620 MOBIL 18,300,969 17,305,259 18,944,699 18,238,197 19,895,360 18,996,604 19,435,339 18,246,374 20,480,132 21,005,137 20,032,752 20,008, ,889,049 CHEVRON 11,948,263 10,666,002 12,788,237 12,617,377 12,653,154 12,573,669 13,023,524 13,063,657 12,810,793 13,762,708 13,214,803 13,784, ,906,246 ELF 3,872,388 3,438,781 3,286,656 4,252,579 2,895,976 3,748,272 3,980,499 3,491,949 3,621,558 3,655,422 3,346,332 3,810,722 43,401,134 NAOC 4,708,166 4,134,193 4,675,737 4,416,109 4,570,858 4,310,884 4,530,751 4,615,580 4,492,050 4,586,639 4,437,944 4,698,718 54,177,629 TEXACO 2,622,227 2,325,927 2,489,690 2,380,005 2,371,924 2,924,418 2,248,013 2,270,774 2,242,064 2,026,442 2,272,185 2,274,052 28,447,721 PSC COMPANIES PAN - OCEAN 75,202 63,037 75,167 79,159 88,318 93, , , , , , ,909 1,269,480 ASHLAND 533, , , , , , , , , , , ,824 5,830,837 AENR 326, , , , , , , , , , , ,313 3,737,105 DUBRI 30,648 27,702 34,533 28,849 9,231 20,528 23,302 24,228 23,392 17,923 22,574 20, ,533 CONOCO 367, , , , , , , , , , , ,893 2,949,549 AMNI , , , ,752 1,999,460 GRAND TOTAL 72,741,486 65,639,248 70,234,975 70,902,877 72,578,647 71,464,820 70,958,795 71,234,915 72,329,038 74,688,993 71,235,804 71,711, ,721,134 16

18 Table 6 Crude Oil Production by Company, Crude Stream CRUDE STREAM COMPANY Forcados Blend Bonny Light Bonny Medium Brass Blend Escravos Light Pennington Light Antan Blend Odudu Blend IMA Qua- Iboe Light Oso Condensate Other Condensate Total NPDC 1,725, ,725,924 JVC SHELL 159,977, ,623,271 26,693, ,824, ,118,620 MOBIL ,478,837 31,410, ,889,049 CHEVRON 411,886 8,298,691-10,881, ,314, ,906,246 ELF 5,585,847-12,850, ,964, ,401,134 NAOC 743, ,430, ,003,639 54,177,629 TEXACO ,447, ,447,721 PSC COMPANIES PAN - OCEAN ,269,480 1,269,480 ASHLAND ,609, ,221, ,830,837 AENR ,737, ,737,105 DUBRI , ,533 PHILLIP 0 CONOCO ,949, ,949,549 AMNI ,999, ,999,460 GRAND TOTAL 168,444, ,921,962 39,544,154 62,658, ,547,437 28,447,721 3,221,228 24,964,535 1,999, ,478,837 31,410,212 11,097, ,736,287 17

19 Table 7 Nigerian Crude Oil Exports by Companies COMPANY (Barrels) NNPC LIFTINGS COMPANY LIFTINGS TOTAL LIFTINGS NPDC 1,749,095-1,749,095 JVC : SHELL 137,565, ,900, ,466,489 MOBIL 137,802,321 90,678, ,480,995 CHEVRON 51,443,231 60,658, ,102,066 ELF 24,727,488 20,155,653 44,883,141 NAOC 32,250,337 21,144,645 53,394,982 TEXACO 16,277,719 9,969,430 26,247,149 Sub - Total 400,066, ,508, ,574,822 PSC : PAN-OCEAN 588, , ,980 ASHLAND OIL 2,347,343 2,638,883 4,986,226 AENR 1,053, ,000 1,753,192 PHILLIPS - 6,557,470 6,557,470 CONSOLIDATED - 2,917,599 2,917,599 DUBRI 610, , ,463 CONOCO 660,568 1,490,975 2,151,543 AMNI - 1,477,367 1,477,367 Sub - Total 5,260,042 16,365,798 21,625,840 GRAND-TOTAL 407,075, ,873, ,949,757 JVC 45% 1997 CRUDE OIL EXPORTS PSC 2% NNPC 53% 18

20 Table 8 Nigeria Crude Oil Exports by Destination REGION / COUNTRY QUANTITY (bbls) NORTH AMERICA: Canada 8,490,080 U.S.A 323,518,259 Sub-Total 332,008,339 SOUTH AMERICA: Argentina 1,549,844 Brazil 26,338,418 Chile 5,671,708 Sub-Total 33,559,970 EUROPE: Germany 13,169,585 France 49,444,313 Italy 47,043,388 Netherlands 15,749,449 Portugal 21,375,547 Spain 62,983,845 Sweden 1,038,785 United Kingdom 1,907,895 Sub-Total 212,712,807 ASIA & FAR EAST: Australia 1,160,582 Japan 7,244,000 Singapore 7,301,338 India 55,902,715 Indonesia 5,506,343 Korea 43,447,305 China 912,267 Taiwan 14,243,530 Sub-Total 135,718,080 AFRICA: Ghana 1,968,170 Ivory Coast 19,721,181 Senegal 4,991,786 Morocco 9,350,768 Cameroun 4,891,443 South Africa 11,208,570 Sub-Total 52,131,918 Others 1,818,643 GRAND-TOTAL 767,949,757 mbbls Crude Oil Export by Destination NORTH SOUTH AMERICA AMERICA EUROPE ASIA & FAR EAST Region AFRICA OTHERS 19

21 Analysis of Crude Oil Production and Exports By Companies for the Year 1997 Table 9 COMPANY PRODUCTION EXPORTS VARIANCE NPDC 1,725,924 1,749,095 (23,171) JVC : SHELL 328,118, ,466,489 48,652,131 MOBIL 230,889, ,480,995 2,408,054 CHEVRON 152,906, ,102,066 40,804,180 ELF 43,401,134 44,883,141 (1,482,007) NAOC 54,177,629 53,394, ,647 TEXACO 28,447,721 26,247,149 2,200,572 Sub - Total 837,940, ,574,822 1,582,515,221 PSC : PAN-OCEAN 1,269, , ,500 ASHLAND OIL 5,830,837 4,986, ,611 AENR 3,737,105 1,753,192 1,983,913 PHILLIPS - 6,557,470 (6,557,470) CONSOLIDATED - 2,917,599 (2,917,599) DUBRI 283, ,463 (597,930) CONOCO 2,949,549 2,151, ,006 AMNI 1,999,460 1,477, ,093 Sub - Total 16,069,964 21,625,840 (5,555,876) GRAND-TOTAL 855,736, ,949,757 1,576,936,174 20

22 Table 10 Federation Equity Crude Oil Exports and Revenue by types For the year 1997 Crude type Quantity (bbls) Proceeds $ N Forcados Blend 89,303,968 1,678,734,827 36,556,297,466 Qua-Iboe Light 132,823,085 2,501,457,428 54,471,987,098 Bonny Light 58,278,822 1,111,372,775 24,201,364,686 Bonny Medium 16,283, ,237,727 6,646,887,267 Pennington Light 16,294, ,419,299 6,868,602,197 Escravos Light 30,393, ,462,075 12,357,110,891 Brass Blend 35,248, ,716,480 14,540,260,840 Odudu Blend 12,736, ,496,233 5,193,517,819 Oso 916,903 16,319, ,365,047 Total 392,279,899 7,402,215, ,191,393,312 21

23 Total Crude Oil Revenue Flow January - December 1997 (US$ million) TABLE 11 Month NNPC Joint Venture Total PPT ROYALTIES OTHERS January , February , March , April , May June , July August September October November December , TOTAL 7, , , ,

24 TABLE 12 Nigerian Crude Oil Realisable Prices For the year 1997 CRUDE STREAM\ MONTH Forcados Blend Bonny Light Bonny Medium Brass Blend Escravos Light Pennington Light Antan Blend Qua- Iboe Light Oso Condensate JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER AVERAGE

25 TABLE 13 Average Spot Prices of OPEC Reference Basket and some selected Crudes. For the year 1997 CRUDE STREAM MONTH OPEC Basket Brent WTI Bonny Light Munias Saharan Blend Arabian Light Dubai Tia Juana Light Isthmus JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER AVERAGE

26 Table 14 Nigerian Natural Gas Production and Utilisation by Company (mscf) At the end of 1997 COMPANY GAS PRODUCED GAS USED AS FUEL GAS LIFT GAS RE-INJECTED GAS SOLD GAS TO EPCL NGL GAS FLARED NPDC JV: SHELL 343,206,747 8,340,757-1,639,850 99,678, ,012,870 MOBIL 181,314,206 8,583,816 13,205,430 54,545, ,720, ,464,838 CHEVRON 193,802,281 8,514, ,461,190-1,860, ,965,885 ELF 35,649,164 1,755,444 10,444, ,893,720 NAOC 281,750,747 23,432,088-96,785,893-5,845,302 4,996, ,690,491 TEXACO 44,915, ,769,805 SUB - TOTAL 1,080,638,336 50,626,651 23,650, ,970, ,139,950 5,845,302 8,578, ,797,609 PSC: QUANTITY (m scf) NIGERIAN GAS PRODUCTION AND UTILIZATION (mscf) 1 PAN-OCEAN 17,411, ,575,734 ASHLAND OIL 35,933,203 1,121,999 2,251,982 2,251, ,559,222 AENR 7,984, ,913,965 SUB - TOTAL 61,328,939 1,121,999 2,251,982 2,251, ,048,921 GRAND-TOTAL 1,141,967,275 51,748, ,222, ,222, ,139,950 5,845,302 8,578, ,846, PRODUCED UTILISED FLARED 25

27 1997 Shell Gas Sales Statistics Table 15 Customer Volume (scf) Proceeds (=N=) Aba Textile Mills 32,588, ,780, Delta Glass Company 896,959, ,696, INT. Equitable Assoc., ABA 148,531, ,733, Lever Brothers, ABA 127,879, ,586, Nigerian Breweries 47,968, ,493, NEPA, AFAM 3,458,117, ,934, NEPA, Ughelli 4,399,502, ,507, NNPC - NAFCON 13,780,924, ,631, NGC - ALSCON 5,021,397, ,853, NNPC - NEPA, Sepele(OBEN) 18,313,120, ,815, NGC - NEPA, Sapele 5,825,664, ,292, NNPC - NGC, Benin City 56,409,687, ,229, PZ Industries LTD., ABA 335,249, ,167, Rivers State Utility Board 720,209, ,581, RSUB Imiringi 620,151, ,921, Grand Total 110,137,952, ,223, Note: NNPC (55.00%), SHELL (30.00%), ELF (10.00%) & AGIP (5.00%). 26

28 Table NGC Gas Sales Statistics Buyer Volume (bscf) Proceeds (=N= million) Alscon Ikot Abasi ASCL Ajaokuta DSCL Aladja Igil Aba NAFCON Onne NEPA, Afam IV NEPA, Delta IV NEPA, Egbin NEPA, Sapele WAPCO Ewokoro WAPCO Shagamu WRPC, Warri Grand Total ,

29 Nigerian Crude Oil Reserves and Production Ratio (Barrels) Table 17 Year Reserve(million) Production('000) R/P , , , ,000 43, ,000 99, , , , , ,000 51, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , * , , * Provisional 28

30 Nigerian Crude Oil Production and Exports (Barrels) Table 18 Production Exports Year Total Production Daily Average Total Exports Daily Average ,801,896 46,033 16,505,985 45, ,623,691 67,462 24,697,969 67, ,913,479 76,475 27,701,320 75, ,996, ,210 43,431, , ,353, ,202 96,984, , ,428, , ,549, , ,553, , ,274, , ,907, ,823 52,129, , ,204, , ,245, , ,835,825 1,084, ,446,359 1,050, ,878,882 1,531, ,545,131 1,486, ,283,111 1,817, ,640,779 1,777, ,452,286 2,056, ,017,584 1,986, ,320,724 2,255, ,710,044 2,180, ,509,039 1,784, ,638,981 1,719, ,058,376 2,071, ,822,998 2,013, ,053,944 2,098, ,413,355 2,039, ,269,111 1,896, ,357,065 1,828, ,226,770 2,304, ,726,943 2,243, ,223,285 2,055, ,138,614 1,912, ,500,562 1,439, ,814,027 1,226, ,687,221 1,289, ,410,179 1,003, ,974,545 1,235, ,360, , ,998,997 1,387, ,428,085 1,094, ,089,595 1,498, ,758,591 1,243, ,296,671 1,466, ,673,729 1,221, ,886,071 1,322, ,815,449 1,065, ,440,000 1,340, ,443,000 1,110, ,449,500 1,716, ,953,500 1,525, ,245,500 1,726, ,750,000 1,550, ,981,500 1,893, ,650,000 1,610, ,262,000 1,957, ,110,000 1,585, ,398,000 1,905, ,305,000 1,557, ,628,500 1,820, ,350,000 1,590, ,549,000 1,842, ,725,000 1,665, ,894,600 1,863, ,135,000 1,694, ,736,287 2,344, ,949,757 2,103,972 Grand Total 18,630,912,907 51,008,654 16,785,612,262 45,956,612 Source: OPEC Bulletin 29

31 Table 19 Crude Oil Production in OPEC Member Countries (Thousand Barrels Per Day) Year Algeria Ecuador Gabon Indonesia I.R. of Iran Iraq Kuwait S.P. Libyan A.J. Nigeria Qatar Suadi Arabia Unt. Arab Emirates Venezuela Total , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

32 World Crude Oil Production and Exports Vis- a -Vis OPEC and Nigeria: ('000 Barrels Per Day) Table 20 Production Exports Year World OPEC Nigeria World OPEC Nigeria , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,104.0 Grand Total 1,865, , , , , ,

33 Table 21 OPEC & Nigeria: % Contribution to World Crude Oil Production and Exports ('000 Barrels Per Day) Production Exports Year OPEC Nigeria Nigeria OPEC Nigeria , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

34 Table 22 Nigerian Natural Gas Production and Disposal (Million Cubic Metres) Year Gas Produced Gas Utilised Gas Flared N/A N/A N/A N/A N/A N/A ,029 N/A N/A , , , , , , , , , , , , , , , , , , , , , , , , , , ,486 1,046 19, ,450 1,378 26, ,551 2,337 22, ,113 3,643 13, ,382 3,442 11, ,192 3,244 11, ,251 3,438 12, ,569 4,647 13, ,738 4,821 13, ,170 4,976 12, ,250 5,510 14, ,129 6,303 18, ,430 6,020 22, ,460 6,800 24, ,084 7,508 24, ,680 7,910 25, ,680 6,770 26, ,100 8,114 26, ,450 8,860 26, ,150 10,383 24,234 Grand Total 668, , ,680 33

35 Refinery Crude Oil Balance For the year 1997 ( 000bbls) Opening Stock Q1 Q2 Q3 Q4 Annual Table 23 Arabia Light 2, , , ,131. 9, Bonny Light 5, , , , , Escravos Light 3, , , , ,010.5 Forcados Blend , Total Stock Addittions 11, , , , , Crude Oil Received Arabia Light , , Bonny Light 9, , , , , Escravos Light 9, , , , , Forcados Blend , Total Receipts 19, , , , , Crude Oil Processed Arabia Light , , Bonny Light 8, , , , , Escravos Light 9, , , , , Forcados Blend , Total Processed 18, , , , ,002. Closing Stock Arabia Light 2, , , ,131. 9, Bonny Light 5, , , , , Escravos Light 4, , , , ,914.3 Forcados Blend , Total Closing Stock 12, , , , , mbbls Crude Received Vs Processed Q1 Q2 Q3 Q4 Crude Oil Received Crude Oil Processed 34

36 Table 24 Crude Oil Received ( 000bbls) Crude Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual Arabia Light , Bonny Light 3, , , , , , , ,247. 3, , , , , Escravos Light 3, , , , , , , , , , , , , Forcados Blend , Total Receipts 6, , , , , , , , , , , , , Crude Oil Received mbbls Arabia Light Bonny Light Escravos Light Forcados Blend Total Receipts Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 35

37 Table 25 Crude Oil Processed ( 000bbls) Crude Type Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual Arabia Light , Bonny Light 3, , , , , , , , , , , , , Escravos Light 3, , , , , ,051. 3, , , , , , , Forcados Blend , Total Receipts 6, , , , , , , , , , , , , Crude Oil Processed mbbls Arabia Light Bonny Light Escravos Light Forcados Blend Total Processed Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 36

38 Refinery Production Returns: Finished Products Table 26 (Metric Tons) Products Jan. Feb. Mar. Apr. May Jun. Jul. *Aug. *Sep. *Oct. *Nov. *Dec. Annual LPG 10,205 5,983 8,474 8,629 7,931 4,812 8,201 12,703 9,558 6,457 9,655 5,478 98,086 PMS 238, , , , , , , , , , ,593 91,593 2,676,961 DPK 112,878 83, , , , , , , , ,204 90, ,320 1,466,746 AGO 208, , , , , , , , , , , ,039 2,353,218 Fuel oil 382, , , , , , , , , , , ,244 2,609,691 Base Oil Asphalt 7,251 12,991 5,138 9,913 21,477 9,637 66,407 Waxes Petrochem. 2, ,622 1,437 1,725 1, ,720 Sulphur TOTAL 788, , , , , , , , , , , ,504 9,280,829 * : No Crude Oil was processed in KRPC for the months (Aug. - Dec.) as the start-up of all the processing units were put on hold. 37

39 Refinery Production Returns: January - December, 1997 Table 27 (a) Crude Oil ( 000bbls) K RP C P HR C W RP C T OT A L Crude Type Received Processed Received Processed Received Processed Received Processed Arabian Light 2, , , , Bonny Light 39, , , , Escravos Light 9, , , , , , Forcados Blend 2, , , , Total 11, , , , , , , ,002. (b) Finished Products ( 000bbls) K RP C P HR C W RP C T OT A L Products Actual Production Evacuation by PPMC Actual Production Evacuation by PPMC Actual Production Evacuation by PPMC Actual Production Evacuation by PPMC Mixed LPG 21,852 10,223 34,736 34,639 41,498 19,225 98,086 64,087 PMS 415, ,440 1,469,910 1,534, , ,453 2,676,961 2,944,598 DPK 148, , , , , ,913 1,466,746 1,612,377 AGO 258, ,998 1,276,684 1,281, , ,350 2,353,218 2,397,044 Fuel oil 263, ,028 1,304,694 1,108,100 1,041, ,643 2,609,691 2,283,771 (a) LPFO 263, ,028 1,051,515 1,010, , ,285 1,747,442 1,668,087 (b) HPFO 253,179 97, , , , ,684 Base Oil Asphalt 66,407 60,922 66,407 60,922 Waxes Petrochem. 9,720 10,776 9,720 10,776 Sulphur TOTAL 1,183,672 1,575,510 4,761,268 4,660,202 3,335,889 3,138,584 9,280,829 9,374,296 38

40 Table 28 Domestic Consumption of Petroleum Products By States Products Abia Adamawa Akwa- Ibom Anambra Bauchi Bayelsa Benue Borno ('000Litres) Cross- River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina LPG , , ,269 4, Aviation Gasoline ,698 Super Gasoline 57,782 37,195 15,570 55,578 41,814 38,990 72,021 58, ,497 1, ,387 2,632 66,975 9,639 67,940 7, , ,825 18,652 Household Kerosine 17,364 12,204 5,331 23,092 17, ,581 38,785 7,062 86, , ,943 4,266 32,791 3,451 54,374 40,816 5,479 Jet Fuel ,838 1,133 1, ,245 30, Auto. Gas Oil 15,581 18,465 42,714 17,257 19,102 16,603 54,188 17, , , ,798 5,058 24,338 3,343 91,311 63,167 13,325 HPFO , LPFO 1,964 1, ,757 2,985 9, ,928 6, ,746 12,967 1,918 Lubricating Oils , ,229 1,181 3, , ,596 2, Greases Pet. Jelly / Waxes , ,110 1, Bitumen & Asphalts 5 20 Base Oils Additives Brake Fluids Special Products Chemicals 1, Total 94,541 69,392 64, ,569 79, , ,775 84, ,592 3, ,433 3, ,172 19, ,590 14, , ,558 40,224 39

41 Table 28Contd. Domestic Consumption of Petroleum Products By States ('000Litres) Products Kebbi Kogi Kwara Lagos Nassarawa Niger Ogun Ondo Osun Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Abuja Independent Marketer's Liftings Total LPG , , , ,172 Aviation Gasoline 1 35, ,822 Super Gasoline 14,216 45,424 72, ,777 7,667 60, ,458 74,605 57, , , ,745 65,405 21,369 25,461 7,952 84,211 2,544,678 5,911,286 Household Kerosine 6,262 15,115 21, ,369 3,176 17,263 29,867 20,240 14,583 55,416 30,944 49,863 11,478 9,403 12,083 2,600 8, ,210 1,549,927 Jet Fuel , , ,148 Auto. Gas Oil 4,931 44,066 16, ,633 1,359 23,242 40,371 22,335 9,917 66,417 41, ,037 21,636 5,270 17,344 4,070 18,245 1,074,082 2,495,091 HPFO , , ,990 LPFO , , ,409 4,049 1,075 10,113 2,607 1,889 10, ,943 Lubricating Oils , , ,497 1,085 5,532 1, ,103 72,345 Greases , ,950 Pet. Jelly / Waxes 67, , ,216 Bitumen & Asphalts 72,588 3,543 76,155 Base Oils 5,627 5,627 Additives Brake Fluids , ,899 Special Products Chemicals 18, , ,574 Total 25, , ,627 1,994,930 12, , , ,683 83, , , , ,180 36,280 55,409 14, ,135 4,285,970 12,900,108 40

42 Table 29 Petroleum Products Distribution By Marketing Companies Products African Agip Elf Mobil ('000Litres) Nationa l Texaco Total Unipetro l Independen t Marketer's Liftings LPG. 6,220 3, ,798 5,020 1,480 6,342 5, ,172 Aviation Gasoline 2, ,657 9,494 25,327 40,822 Super Gasoline 600, , , , , , , ,869 2,544,678 5,911,286 Household Kerosine 173,927 88,339 65, , ,332 97, , , ,210 1,540,220 Jet Fuel 3,199 2,495 57,152 34,934 30,101 22,514 38, ,140 Auto. Gas Oil 295, ,900 64, , , , , ,266 1,074,082 2,486,369 HPFO 18,990 11,437 30,427 LPFO 87,284 12,805 20,066 24,769 91,392 25,933 36,670 29, ,005 Lubricating Oils 8,757 6, ,735 23,450 5,312 11,593 8,434 76,978 Greases , ,255 Pet. Jelly / Waxes 128,305 3, ,216 Bitumen & Asphalts 3,855 10,427 19,044 42,829 76,155 Base Oils 3 5,624 5,627 Additives Brake Fluids 254 2,646 2,899 Special Products Chemicals ,861 13, ,574 Total 1,310, , , , , ,825 1,158, ,752 4,285,970 11,127,211 Total 41

43 Table 30 BUNKER SALES ( 000mt) MONTH A G O LPFO TOTAL January February March April May June July August September October November December Total

44 Table 31 Petroleum Products Exports January - December 1997 (Metric Ton) MONTH P M S A T K A G O LPFO HPFO NAPH VGO SLOP TOTAL January 71, , , , February 7, , , , March 4, , , , , April 9, , , , , May , , , , , June 2, , , July , , , , August 70, , , September 133, , , October 48, , , , November 117, , December , , , , Total 1, , , , ,183, , , , ,057, Source: Generated by CPDD, NNPC June