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. 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 producers offered 26, 835, 119 barrels to refiners which in turn took 18, 606, 026 barrels representing a 102.4 per cent performance. 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.