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Nigeria: Crude supply to local refineries jumps 88.4% in Q2 2026, says NUPRC
🇳🇬 Nigeria /Energy & Infrastructure

Nigeria: Crude supply to local refineries jumps 88.4% in Q2 2026, says NUPRC

From Vanguard · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • Crude oil and condensate supply to Nigerian local refineries surged by 88.4% to 53.7 million barrels in Q2 2026, up from 28.5 million barrels in Q1 2026.
  • This increase is attributed to higher domestic oil production and executed long-term supply agreements between producers and refiners.
  • The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is enforcing the Domestic Crude Supply Obligation (DCSO) to support the government's energy sufficiency goals.

Nigeria's local refineries received a significant boost in crude oil and condensate supply during the second quarter of 2026, with deliveries rising by 88.4 percent to 53.7 million barrels. This marks a substantial increase from the 28.5 million barrels supplied in the first quarter.

The commission, in its Q2 2026 statistics on the enforcement of the Domestic Crude Supply Obligation, DCSO, said the 53.7 million barrels supplied to domestic refiners represented 97.4 per cent performance during the quarter.

— Nigerian Upstream Petroleum Regulatory Commission (NUPRC)The NUPRC states the performance of crude supply to local refineries in Q2 2026.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reported that the 53.7 million barrels supplied met 97.4 percent of the target under the Domestic Crude Supply Obligation (DCSO). This policy, mandated by the Petroleum Industry Act (PIA), ensures that crude oil produced in Nigeria is available to domestic refineries.

NUPRC attributes the improved supply to increased domestic oil production and the successful execution of long-term crude supply agreements. These agreements, supported by bankable Sales and Purchase Agreements (SPAs), have strengthened commercial ties between oil producers and local refiners. The commission conducts monthly consultations to allocate specific crude volumes.

The DCSO is being enforced by NUPRC pursuant to Section 109 of the Petroleum Industry Act, PIA, which provides for the supply of crude oil produced in Nigeria to domestic refineries.

— Nigerian Upstream Petroleum Regulatory Commission (NUPRC)The NUPRC explains the legal basis for the Domestic Crude Supply Obligation.

While the DCSO operates on a "willing buyer, willing seller" basis, affecting final volumes, the overall trend shows active administration and enforcement. For instance, in April, actual supply exceeded allocation by 14.9 percent, while May saw a dip to 75.8 percent compliance, followed by a strong rebound in June with 102.4 percent performance. NUPRC remains committed to leveraging the PIA to sustain crude production growth and enforce the DCSO, aiming for national energy sufficiency.

The DCSO operates on a “willing buyer, willing seller” basis in accordance with the PIA, which affects the volumes eventually supplied and accepted.

— Nigerian Upstream Petroleum Regulatory Commission (NUPRC)The NUPRC describes the market mechanism governing the DCSO.
DistantNews Editorial

Originally published by Vanguard in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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