In the gas sector, natural Gas production increased by 12.22 per cent at 240.64 billion cubic feet compared to output in November 2018; translating to an average daily production of 8,021.21mmscfd. The daily average natural gas supply to gas power plants hiked by 5.36 per cent to 774mmscfd, equivalent to power generation of 3,131MW.
Out of the 240.59bcf of gas supplied in December 2018, a total of 151.13bcf of gas was commercialized, consisting of 38.61bcf and 112.52bcf for the domestic and export market respectively.
This translates to a total supply of 1,245.48 mmscfd of gas to the domestic market and 3,748.47 mmscfd of gas supplied to the export market for the month, implying that 62.61 per cent of the average daily gas produced was commercialized while the balance of 37.39 per cent was re-injected, used as upstream fuel gas or flared.
Gas flare rate was 9.15 per cent for the month under review i.e. 729.55mmscfd compared with average Gas flare rate of 9.92 per cent i.e. 777.37mmscfd for the period December 2017 to December 2018.