Dangote takes 52.6m barrels as DCSO performance hits 97.4% – NUPRC
Summarized and contextualized by DistantNews.
At a glance
- Nigeria's domestic refineries received 53.7 million barrels of crude oil in Q2 2026, an 88.4% increase from the previous quarter.
- The Nigerian Upstream Petroleum Regulatory Commission reported a 97.4% performance rate for the Domestic Crude Supply Obligation (DCSO) in Q2.
- Dangote Petroleum Refinery accepted 52.6 million barrels, representing 78% of the volumes offered to it during the period.
Crude oil deliveries to Nigeria's domestic refineries saw a substantial surge of 88.4% in the second quarter of 2026, with local refineries receiving 53.7 million barrels. This significant increase, compared to 28.5 million barrels in the first quarter, reflects a strong performance by the Federal Government's Domestic Crude Supply Obligation (DCSO), which achieved a 97.4% fulfillment rate.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) highlighted this sharp improvement, noting it marks a turnaround from the first quarter when actual deliveries struggled to meet producers' offers. The NUPRC stated that the DCSO is now being actively administered and enforced, with monthly stakeholder meetings involving crude oil producers and local refineries to allocate specific volumes.
The statistics shows 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.
The Dangote Petroleum Refinery was the primary recipient of these increased deliveries, accepting 52.6 million barrels out of the 68.1 million barrels offered by producers. While producers exceeded the refinery's requirement of 63 million barrels, Dangote accepted 78% of the offered volumes. The NUPRC clarified that the DCSO framework operates on a 'willing buyer, willing seller' basis, as stipulated by the Petroleum Industry Act (PIA).
This improved domestic crude supply aligns with increased oil production and the establishment of long-term crude supply agreements. The NUPRC emphasized that the data demonstrates the commission's active role in enforcing the DCSO, ensuring that regulatory allocations translate into actual deliveries and supporting the operational needs of the nation's refineries.
However, in line with the PIA, the framework operates on a ‘willing buyer, willing seller’ basis, which shapes eventual outcomes.
Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.