Domestic Refineries Received 53.7m Barrels of Crude in Q2 – NUPRC
The commission disclosed this in a press statement issued by its Head of Media and Corporate Communications, Eniola Akinkuotu, on the Q2 2026 statistics on the enforcement of the DCSO in accordance with Section 109 of the Petroleum Industry Act.
The NUPRC said the figures showed that the DCSO was being actively administered and enforced, adding that it holds monthly consultations with crude oil producers and licensed domestic refineries before allocating specific volumes of crude oil and condensate to be offered to local refiners.
However, it noted that the framework operates on a “willing buyer, willing seller” basis in accordance with the PIA, which influences the eventual volumes supplied and received.
In April, the NUPRC allocated 18.13 million barrels to producers, who offered 19.31 million barrels to refiners. Actual supplies, however, reached 20.88 million barrels, representing 114.9 per cent performance against the allocated volume.
For May, the commission allocated 18.78 million barrels to producers, while 23.19 million barrels were offered to local refiners. Actual supply stood at 14.23 million barrels, representing 75.8 per cent compliance.
In June, producers were allocated 18.17 million barrels but offered 26.84 million barrels to refiners. Of this volume, 18.61 million barrels were supplied, representing 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.
At the refinery level, the commission said the Dangote Refinery required 63 million barrels during the quarter, while producers offered 68.1 million barrels.
According to the NUPRC, the volume offered to the refinery accounted for 98 per cent of all crude volumes offered by producers to domestic refiners during the quarter.
However, the Dangote Refinery accepted 52.6 million barrels, representing 78 per cent of the 68.1 million barrels offered to it.
The commission reaffirmed its commitment to supporting the Federal Government’s objective of achieving energy sufficiency through the continued enforcement of the DCSO framework under the Petroleum Industry Act 2021.
It also said it would sustain efforts to consolidate recent gains in crude oil production while ensuring continued enforcement of the domestic crude supply obligation.
