…Domestic refineries supply 65 per cent of national petrol requirement
From January to September 2026, the domestic refineries in Nigeria have received 156.52 million barrels of crude oil.
Of the volume, 125.85million barrels (80.4 per cent) were sourced from in-country while 30.66 million barrels (19.6 per cent) were imported.
This was contained in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Factsheet September 2026 released on Thursday.
The Factsheet specifically revealed that in September 2026, 38.7 million litres of the Premium Motor Spirit PMS (petrol) were received per day, crashing from the 50.5million litres per day received in August by 23 per cent.
Stock sufficiency in September was 23.9 days, declining below the 30-day threshold.
NMDPRA stressed that while 28.7million litres day were supplied from domestic source, declining by 21 per cent from the previous month, 10.2 million litres were imported, reducing imported petrol by 30 per cent in the period under review.
“Domestic refining contributed about 65 per cent of the national petrol requirement (consumption) in September 2026, and about 74 per cent of receipts, supplemented by 26 per cent of imports,” according to the Factsheet.
Dangote Refinery and Petrochemicals Company is the only domestic refinery which currently produces petrol in Nigeria.
According to the report, Dangote recorded produced 47.22 million litres per day of PMS in September, supplying 28.50 million litres per day to the domestic market and exporting (35.2 per cent) 15.47 million litres per day.
On capacity utilization, the refinery recorded 105.98 per cent of its 650,000 barrels per day capacity in the period under review.
The Factsheet disclosed that 8.7million litres of diesel were consumed in the month under review.
NMDPRA revealed that modular refineries supplied 4.3 per cent of domestic diesel consumption in September.
Aradel and OPAC, said the Factsheet, operated below optimal capacity due to feedstock challenges and maintenance shutdowns.
September diesel receipts, according to the NMDPRA, were the lowest of the 13 months, driven by low imports and low domestic evacuation amid high prices.
The Factsheet said, “Nigeria’s energy-sector transformation is progressing. Domestic refining contributed about 65 per cent of the national petrol requirement (consumption) in September 2026, and about 74 per cent of receipts, supplemented by 26 per cent of imports.
“Priority gas projects have reached significant mileage, with the AKK pipeline at 84 per cent completion as of September 2026.”
SOURCE: The Nation Nigeria