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Natural gas liquids (ngl) closing stocks in Nigeria: Decline in June 2018

According to revised statistics issued by JODI Data, in comparison to the prior month the indicator dropped barely by 0.91 percent. Ngl closing stocks diminished hardly from 1 225.17 thousand tonnes to 1 214.07 thousand tonnes, versus the previous month when it rose by 2%. When considering 2017, it can be observed that the variable was falling by -0.53% and attained 1 101.19 thousand tonnes in June. This pinpoints a 10.25 percent change between June 2017 and the same month the year after. Nigeria saw a rise of 386.62% in ngl closing stocks over the past 8 years. Likewise, the ngl closing stocks is now above average of 675.77 thousand tonnes with a modest overall increase since the start of time series. It reached its all-time high of 1 229.41 thousand tonnes in January 2018 and record low of 249.49 thousand tonnes in February 2010.

Natural gas liquids (ngl) closing stocks in Nigeria: Decline in June 2018
Date Thousand Tonnes Variation
Jun. 2018 1 214.07 -0.91
May. 2018 1 225.17 2
Apr. 2018 1 201.10 0.67
Mar. 2018 1 193.14 13.71
Feb. 2018 1 049.32 -14.65
Jan. 2018 1 229.41 19.59
Dec. 2017 1 028.05 -8.32
Nov. 2017 1 121.36 2.18
Oct. 2017 1 097.46 5.41
Sep. 2017 1 041.10 -8.29

Related Statistics

NGL Reserves in other Countries

Main NGL Indicators