Dangote Refinery Takes 52.6m Barrels of Crude in Q2 — NUPRC

In May, the commission allocated 18.78 million barrels, while producers offered 23.19 million barrels to domestic refiners. Actual deliveries stood at 14.23 million barrels, representing 75.8 per cent compliance.

The Dangote Refinery accepted 52.6 million barrels of crude oil from producers in the second quarter of 2026, representing 78 per cent of the 68.1 million barrels offered to it, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said.

The regulator disclosed this in its Q2 2026 statistics on the enforcement of the Domestic Crude Supply Obligation (DCSO), implemented under Section 109 of the Petroleum Industry Act (PIA) 2021.

According to the NUPRC, the Dangote Refinery had requested 63 million barrels during the quarter, while producers offered 68.1 million barrels—98 per cent of the total crude volumes offered to domestic refineries.

However, the refinery ultimately took 52.6 million barrels, amounting to 78 per cent of the volume offered.

The figures come amid recent developments surrounding the refinery’s crude supply and petroleum product sales. On July 14, the Dangote Refinery announced plans to sell petroleum products to marketers in US dollars, citing the inadequacy of its naira-denominated crude allocations and the financial burden of continuing to sell products in naira.

The refinery, however, resumed the sale of petrol in naira on July 13.

53.7m Barrels Supplied to Local Refineries

NUPRC said 53.7 million barrels of crude oil and condensate were supplied to local refineries between April and June, representing 97.4 per cent overall performance under the DCSO.

The commission said the figures demonstrate that the domestic crude supply framework is being actively administered and enforced.

It explained that it meets monthly with crude producers and licensed domestic refineries to determine crude requirements and allocate specific volumes to producers for supply to local refiners.

However, the regulator noted that the DCSO framework operates on a “willing buyer, willing seller” basis, meaning the volumes ultimately supplied depend on agreements reached between producers and refiners.

In April, NUPRC allocated 18.13 million barrels to producers, who subsequently offered 19.31 million barrels to local refiners. Actual supply, however, reached 20.88 million barrels, representing 114.9 per cent performance against the allocation.

In May, the commission allocated 18.78 million barrels, while producers offered 23.19 million barrels to domestic refiners. Actual deliveries stood at 14.23 million barrels, representing 75.8 per cent compliance.

In June, producers were allocated 18.17 million barrels and offered 26.84 million barrels to refiners. Domestic refiners ultimately took 18.61 million barrels, translating to 102.4 per cent performance.

The NUPRC said the improvement in domestic crude supply coincided with increased local oil production and the signing of long-term crude supply agreements backed by bankable sales and purchase agreements between producers and domestic refiners.

The commission reaffirmed its commitment to supporting the Federal Government’s drive for energy sufficiency through sustained enforcement of the DCSO and measures aimed at consolidating recent gains in crude oil production.