Petrol supply from the Dangote Petroleum Refinery rose by 19 percent in April 2026, as fuel imports declined sharply and government-owned refineries remained inactive.
The latest midstream and downstream statistics report
released on Tuesday by the Nigerian Midstream and Downstream Petroleum
Regulatory Authority (NMDPRA) showed that supply from the 650,000
barrels-per-day refinery increased to 40.7 million litres per day in April from
34.2 million litres per day recorded in March.
The authority said combined petrol supply from the Dangote
refinery and imports rose by 10.7 percent to 44.4 million litres daily in
April, compared to 40.1 million litres daily in March.
However, petrol imports dropped by 37.3 percent to 3.7
million litres per day in April from 5.9 million litres per day in the previous
month.
The report also showed that imported crude oil declined by
95.65 percent to 0.41 million barrels in April from 9.43 million barrels in
March.
Also, crude oil supply from Nigerian upstream companies to
local refineries rose by 56 percent to 17.99 million barrels in April, compared
to 11.48 million barrels supplied in March.
‘DANGOTE REFINERY ACHIEVED 100% UTILISATION IN MOST DAYS IN
APRIL’
The NMDPRA said the Dangote refinery attained 99.12 percent
capacity utilisation during the period and achieved 100 percent utilisation
“for most of the days in April”.
According to the report, the refinery produced 53.6 million
litres of premium motor spirit (PMS) daily, alongside 23.6 million litres of
automotive gas oil (AGO), also known as diesel, and 22.9 million litres of
dual-purpose kerosene/aviation turbine kerosene (DPK/ATK).
The report said the refinery supplied an average of 40.7
million litres of petrol daily to the domestic market, accounting for the bulk
of the country’s fuel consumption.
The increase in supply came amid multiple petrol price
adjustments by the refinery between March and April following fluctuations in
global crude oil prices.
In early April, the refinery increased its gantry price to
about N1,275 per litre from N1,200 per litre.
Industry reports indicated that the company adjusted prices
at least five times within weeks as international crude prices fluctuated.
Also, NMDPRA said the country consumed 51.1 million litres
of petrol per day in April 2026.
This indicates Dangote refinery accounted for 79.64 percent
of petrol consumed in Nigeria in April.
Despite the rise in private refining activity, the Port
Harcourt Refining Company (PHRC), Warri Refining and Petrochemical Company
(WRPC), and Kaduna Refining and Petrochemical Company (KRPC) remained shut
throughout April.
Data from the report showed that PHRC evacuated zero AGO
during the month, compared to 0.048 million litres per day recorded in March.
EDO REFINERY RECORDS HIGHEST CAPACITY
In the modular refinery segment, Edo Refinery recorded the
highest average capacity utilisation at 79.2 percent, followed by WalterSmith
Refinery at 56.14 percent and Aradel Refinery at 33.95 percent.
OPAC and Duport refineries remained inactive during the
period under review.
Collectively, active modular refineries supplied an average
of 0.559 million litres of fuel daily.
On pricing, the report showed that the average retail price
of petrol stood at N1,271.50 per litre in Lagos, N1,326 in Abuja, and N1,371.50
in Maiduguri.
The authority added that national PMS sufficiency stood at
18 days in April, while diesel and aviation fuel stock levels stood at 39 days
and 70 days, respectively.
The report also disclosed that average cooking gas supply in
April stood at 4,545 metric tonnes per day, while consumption was estimated at
4,818 metric tonnes per day.
Gas supply to the power sector was put at 0.549 billion
standard cubic feet per day (Bscf/day), while supply to industries stood at
0.468 Bscf/day.
Advertise on NigerianEye.com to reach thousands of our daily users

No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com