Nigeria’s domestic refineries take delivery of less crude than producers initially offer under the Domestic Crude Supply Obligation in the first quarter of 2026, according to data cited from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). One report says producers offered 68.7 million barrels in Q1, but local refiners lifted 28.5 million barrels. Another outlet reports that producers offered 61.9 million barrels (or barrels allocated under the scheme), while only 28.5 million barrels reached refineries during the same period. Both accounts point to persistent supply constraints that limit actual deliveries, with Premium Times linking the shortfall largely to pricing disputes. Together, the figures indicate that a substantial share of the crude volumes made available in Q1 does not end up at domestic refining facilities. The reported gap suggests ongoing difficulties in aligning producer supply, pricing terms, and refinery liftings, affecting the effectiveness of the domestic crude supply arrangement in the quarter reviewed.
Nigeria’s local refineries receive 28.5m barrels of Q1 2026 crude despite higher offers
Nigeria’s domestic refineries take delivery of less crude than producers initially offer under the Domestic Crude Supply Obligation in the first quarter of 2026, according to data cited from the Niger...
- NUPRC data shows Nigerian local refineries lift 28.5 million barrels of crude in Q1 2026.
- Producers offer more crude than is ultimately delivered: reported offers are 61.9 million and 68.7 million barrels in different accounts.
- Only 28.5 million barrels reach local refineries despite higher offered volumes.
- Premium Times reports pricing disputes contribute to the supply shortfall.
- The figures cover the first quarter of 2026 under Nigeria’s Domestic Crude Supply Obligation.
Although crude oil producers offered more volumes than allocated under Nigeria’s Domestic Crude Supply Obligation in the first quarter of 2026, only 28.5 million barrels were eventually delivered to local refineries, amid persistent supply challenges linked largely to pricing disputes. The post Only 28.5m of 61.9m crude oil barrels reached local refineries in Q1 — NUPRC appeared first on Premium Times Nigeria.
3 months agoNew NUPRC data reveals Nigerian refineries’ crude intake was only 28.5m barrels in Q1 2026, far below the 68.7m barrels offered by producers. Read More: https://punchng.com/just-in-local-refiners-lift-28-5m-barrels-of-68-7m-offered-in-q1-nuprc/
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