By: Goodluck E.Adubazi, Abuja.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that domestic refineries received a total of 53.7 million barrels of crude oil and condensate in the second quarter of 2026, representing 97.4 per cent performance under the Domestic Crude Supply Obligation (DCSO).
The Commission, in its Q2 2026 DCSO statistics released yesterday, said the performance was recorded between April and June in line with Section 109 of the Petroleum Industry Act (PIA) 2021.
According to the NUPRC, the figures demonstrate that the DCSO framework is being actively administered and enforced to support domestic refining and the Federal Government’s objective of achieving energy sufficiency.
The Commission explained that it meets monthly with stakeholders, including crude oil producers and locally licensed refineries, after which specific volumes of crude oil and condensate are allocated to producers for supply to domestic refiners.
It, however, noted that the DCSO framework operates on a “willing buyer, willing seller” basis as provided by the PIA, a factor which ultimately influences the volumes actually supplied.
In April, the NUPRC allocated 18.13 million barrels to producers. The producers subsequently offered 19.31 million barrels to local refiners, while actual supplies stood at 20.88 million barrels, representing 114.9 per cent performance against the allocated volume.
For May, the Commission allocated 18.78 million barrels to producers, who offered 23.19 million barrels to local refiners. However, actual supplies fell to 14.23 million barrels, representing 75.8 per cent compliance.
The situation improved in June, with the Commission allocating 18.17 million barrels to producers. The producers offered 26.84 million barrels to refiners, while 18.61 million barrels were eventually taken, translating to 102.4 per cent performance.
The NUPRC attributed the improvement in DCSO performance partly to increased domestic crude oil production and the execution of long-term crude supply agreements backed by bankable Sales and Purchase Agreements between producers and domestic refiners.
The Commission also disclosed that the Dangote Refinery required 63 million barrels of crude in Q2, while producers offered the refinery 68.1 million barrels.
The 68.1 million barrels offered to the Dangote Refinery represented 98 per cent of the total crude volumes offered by producers during the quarter.
However, the refinery ultimately accepted 52.6 million barrels, representing about 78 per cent of the volume offered to it.
The NUPRC reaffirmed its commitment to sustaining the gains recorded in domestic crude oil production and strengthening the enforcement of the DCSO as part of efforts to achieve the Federal Government’s energy sufficiency objective.
The Commission said it would continue to leverage the provisions of the Petroleum Industry Act to ensure effective implementation of the domestic crude supply framework and support the growth of Nigeria’s refining capacity.
