The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that Nigeria plans to allocate all its crude oil production to the domestic market as local refining capacity expands, with the goal of refining every barrel of the country’s targeted output locally by the time production reaches 3 million barrels per day around 2030.
According to a report by S&P Global, Nigeria produced 1.74 million barrels of crude per day in June and aims to raise output to 3 million barrels daily by 2030.
The report noted that Nigeria has historically exported most of its crude to refiners in Europe and Asia but is increasingly prioritising downstream growth to strengthen energy security and boost national revenue. NMDPRA said the country’s domestic refining capacity currently stands at about 1.12 million barrels per day.
The authority added that it has engaged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to enforce legal provisions requiring local producers to supply crude to the domestic market under the Petroleum Industry Act.
NMDPRA Chief Executive Officer Rabiu Umar said the Dangote refinery is helping to expand capacity, particularly with plans to double its processing capacity to 1.4 million barrels per day. He stated that the authority is working to resolve crude supply shortages faced by local refineries and ensure compliance with domestic crude supply obligations.
“The Federal Government wishes to end the pattern where much of the country’s crude volumes are exported and refined products imported,” Umar said. “We are engaging the Nigerian Upstream Petroleum Regulatory Commission to ensure that every molecule of our 3 million b/d that we hope to achieve in the coming years is refined locally.”
NUPRC data showed that 53.7 million barrels of Nigerian crude were supplied to domestic refiners in the second quarter of 2026, of which 52.6 million barrels went to the Dangote refinery.
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