Oil Producers Supplied 53.7 Million Barrels To Local Refineries In Q2 — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released the Q2 2026 statistics on the enforcement of the Domestic Crude Supply Obligation (DCSO) in accordance with the provisions of Section 109 of the Petroleum Industry Act.

A total of 53.7 million barrels of crude oil and condensate were supplied to local refiners between April and June, showing an overall performance of 97.4% for Q2 2026.

The statistics showed that DCSO is being actively administered and enforced by the NUPRC.

On a monthly basis, the Commission meets with stakeholders including crude oil producers and local licensed refineries after which the producers are allocated a specific volume of their crude oil and condensate which should be offered to local licensed refineries.

However, in line with the PIA, the framework operates on a “willing buyer, willing seller” basis, which shapes eventual outcomes.

In the month of April, following consultations with stakeholders, 18, 127, 638 barrels were allocated to producers.

However, the producers exceeded expectation, offering 19, 312, 476 barrels to refiners.

Eventually, 20, 879, 381 barrels were supplied to local refiners, meaning the producers met 114.9 per cent of their allocation.

In May, the Commission, in enforcing its DCSO, allocated 18,778, 392 barrels of crude oil to the producers but the producers exceeding their expectation once again, offered 23,187,893 barrels to the local refiners.

However, the producers’ actual supply to the refiners by the end of the month stood at 14, 228, 865 barrels representing 75.8 per cent compliance.

In the month of June, the Commission allocated 18, 172,638 barrels to the producers. The producers offered 26, 835, 119 barrels to refiners which in turn took 18, 606, 026 barrels representing a 102.4 per cent performance.

The Commission in a statement on Monday said it observed that the improvement in DCSO coincided with an increase in local oil production and the signing of the long term crude supply agreement supported by bankable Sales and Purchase agreement between the Producers and Domestic refiners.

At the level of refinery participation, the statistics show that the Dangote Refinery required 63 million barrels in Q2 but the producers offered higher volumes of 68.1 million barrels.

The 68.1 million barrels offered to the Dangote Refinery by producers represents 98% of all offered volumes.

Eventually, 52.6 million barrels were accepted by the Dangote refinery. This implies that the refinery only accepted 78 per cent of what it was offered.

The Commission reaffirms its commitment to achieving the government’s objective of energy sufficiency.

Leveraging the framework of the PIA, 2021, the Commission said it aims to sustain recent gains in crude oil production while continuously enforcing the DCSO.