OGEJOURNAL Menu

NNPC Imports Push Nigeria’s Petrol Supply to 52M Litres Daily

Nigeria’s petrol supply surged in November, reaching 52.1 million litres per day, up from 28.9 million litres in October and 37.4 million litres in November 2024.

The sharp increase was mainly driven by imports from the Nigerian National Petroleum Company Limited (NNPC), according to the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA).

The Authority said the imports aimed to strengthen fuel reserves ahead of the peak demand season during the year-end festivities. Low domestic production in September and October, along with delays in vessel discharges from October, also contributed to the higher imports.

Domestic refineries produced 17.1 million litres per day, while average daily petrol consumption in November was 52.9 million litres. The Dangote Refinery recorded an actual domestic output of 23.52 million litres per day, short of its 35 million litres planned capacity.

Meanwhile, state-owned refineries in Port Harcourt, Warri, and Kaduna remained shut down.
On the gas side, average daily supply rose to 4.684 billion standard cubic feet (bscf) per day from 3.94 bscf per day in October.

Nigeria LNG Trains 1–6 maintained a stable output of 3.5 bscf per day, with utilisation improving to 73.7 percent from 71.7 percent. Other plants also saw better performance, with Soku Gas Plant leading at 96.8 percent utilisation.

Supply to the power sector increased slightly to 0.645 bscf per day, while commercial gas consumption rose to 0.581 bscf per day. Export volumes remained steady, with Nigeria LNG Limited exporting an average of 45,966 metric tonnes of LNG daily and the West African Gas Pipeline shipping 0.121 bscf per day.

NMDPRA attributed the improvements in petrol and gas supply to stronger upstream production and restored capacities at previously constrained power plants.