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VI
NUPRC Says Dangote Rejected 15.5m Barrels of Crude as Refinery Demands Proof
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THEWILL NEWS MEDIA
The NUPRC says Dangote Refinery rejected about 15.5 million barrels of crude offered by producers in Q2 2026.
The regulator reported that producers offered 68.1 million barrels, but the refinery accepted 52.6 million barrels.
In May, producers were allocated 18.78 million barrels and offered 23.19 million barrels, but actual supply fell to 14.23 million barrels, equivalent to 75.8 per cent compliance.
June recorded an improvement, with producers allocated 18.17 million barrels and offering 26.84 million barrels.
The NUPRC attributed the improvement in domestic crude supply to higher local oil production and the emergence of longer-term crude supply agreements between producers and domestic refiners.