NUPRC: Dangote Refinery Accepted 78% of 68m Barrels of Crude Offered in Q2

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, says oil producers offered 68.1 million barrels of crude to the Dangote Refinery in the second quarter of 2026, but the refinery accepted 52.6 million barrels.

The commission disclosed this in its Q2 2026 statistics on the enforcement of the Domestic Crude Supply Obligation, DCSO, under Section 109 of the Petroleum Industry Act.

According to the NUPRC, the Dangote Refinery required 63 million barrels during the quarter, while producers offered 68.1 million barrels.

However, the refinery eventually accepted 52.6 million barrels, representing 78 percent of the total crude volume offered to it.

The commission said the 68.1 million barrels offered to the Dangote Refinery accounted for 98 percent of all crude volumes offered to domestic refineries during the period.

NUPRC explained that the DCSO framework operates on a willing-buyer, willing-seller basis, meaning that the final volume supplied depends on the quantity accepted by domestic refineries.

The commission said a total of 53.7 million barrels of crude oil and condensate were supplied to local refineries between April and June, representing 97.4 percent performance in the second quarter.

It added that the DCSO was being actively administered and enforced through monthly consultations involving crude oil producers and licensed domestic refineries.

In April, producers were allocated 18.13 million barrels but offered 19.31 million barrels to refiners. Actual supply reached 20.88 million barrels, representing 114.9 percent compliance.

In May, producers were allocated 18.78 million barrels and offered 23.19 million barrels, but actual supply stood at 14.23 million barrels, representing 75.8 percent compliance.

In June, NUPRC allocated 18.17 million barrels to producers, who offered 26.84 million barrels to refiners. Actual supply reached 18.61 million barrels, representing 102.4 percent performance.

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

The development comes amid recent changes in the Dangote Refinery’s petroleum product sales policy. The refinery announced in July that it would begin selling petroleum products to marketers in dollars, citing challenges associated with selling products in naira while receiving crude allocations in naira.

The refinery, however, resumed the sale of petrol in naira shortly afterwards.

NUPRC reaffirmed its commitment to enforcing the DCSO framework and supporting the Federal Government’s objective of achieving greater domestic energy sufficiency.