.. diesel imports hit zero

By Abubakar Yunus

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Dangote Petroleum Refinery accounted for 87.55 percent of the premium motor spirit (PMS), also known as petrol, supplied to Nigeria’s domestic market in May 2026.

The regulator disclosed the figures in its monthly performance report released recently.

According to the data, Nigeria recorded an average daily petrol supply of 47.4 million litres in May, up from 44.4 million litres per day in April.

Of the total volume supplied, 41.5 million litres per day came from domestic production, while imports accounted for 5.9 million litres per day.

The report showed that Dangote refinery supplied the entire domestic production volume, delivering 41.5 million litres of petrol daily into the local market.

The 650,000 barrels-per-day refinery produced an average of 44.7 million litres of petrol per day during the month and operated at an average capacity utilisation of 101.25 percent.

READ MORE  How we discovered144 hoarded Petroleum Products-Laden Tankers in Kano -NNPC

Despite the increase in local refining output, petrol imports rose by 59.5 percent to 5.9 million litres per day in May from 3.7 million litres per day in April.

The report also showed that average daily petrol consumption fell to 46.3 million litres from 51.1 million litres recorded in the previous month.

National petrol stock sufficiency declined to 16 days in May from 17.7 days in April.

In the diesel market, imports fell to zero in May from 1.7 million litres per day recorded in April.

The development followed a sharp increase in domestic diesel production, which rose to 18.8 million litres per day from 8.5 million litres per day in the preceding month.

READ MORE  NBS: Nigeria’s 2021 tax-to-GDP ratio 10.86%

Dangote refinery accounted for the bulk of the supply, producing 24.5 million litres of diesel daily.

Of the volume, NMDPRA said 18.2 million litres per day was supplied to the domestic market, while 6.5 million litres per day was exported.

The report also showed that modular refineries, including Waltersmith, Edo Refinery and Aradel, contributed to local diesel supply during the month.

The NMDPRA said average daily aviation fuel supply increased to 3.6 million litres in May from 2.6 million litres in April.

Dangote refinery produced 21.9 million litres of aviation fuel daily, supplying 2.8 million litres to the domestic market and exporting 17.5 million litres, according to the report.

The regulator said aviation fuel stock sufficiency stood at 94 days during the review period.

For liquefied petroleum gas (LPG), also known as cooking gas, average daily supply declined to 4.1 kilotonnes per day from 4.5 kilotonnes per day in April.

READ MORE  Dangote Blocmaster Cement to tackle building collapse in Nigeria

Domestic production accounted for 4.0 kilotonnes per day, while imports contributed 0.1 kilotonnes per day.

The report showed that the Port Harcourt, Warri and Kaduna refineries remained shut throughout May.

Consequently, domestic fuel production continued to rely on private and modular refineries.

The NMDPRA said domestic refineries received 17.92 million barrels of crude oil in May, compared with 18.37 million barrels in April.

The feedstock comprised 15.84 million barrels of domestic crude oil and 2.08 million barrels of imported crude.

The report also showed that average pump prices varied across the country during the month, ranging from N1,117 per litre in Lagos to N1,408 per litre in Maiduguri

LEAVE A REPLY

Please enter your comment!
Please enter your name here