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Domestic petrol supply falls 20.6% as imports rise in July

Petrol supply from domestic refineries dropped by 20.6 per cent in July 2026, falling to an average of 25.8 million litres per day from 32.5 million litres per day in June, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The latest monthly oil and gas figures also showed an increase in imported petrol during the month.

Petrol imports rose to 19.7 million litres per day in July, compared with 18.1 million litres per day in June, partly compensating for the decline in domestic production.

Despite the increase in imports, total petrol supply fell to 45.5 million litres per day in July from 50.6 million litres per day in June, representing a 10.1 per cent decline.

The July figures marked the second straight monthly drop in combined petrol supply after the total increased from 47.4 million litres per day in May to 50.6 million litres in June.

Domestic supply records sharp decline

NMDPRA data showed significant fluctuations in domestic petrol supply during the first seven months of 2026.

Domestic supply stood at 40.1 million litres per day in January but fell by 26.7 per cent to 29.4 million litres in February.

It recovered to 34.2 million litres per day in March, representing a 16.3 per cent increase, before rising further to 40.7 million litres in April.

Supply reached a seven-month peak of 41.5 million litres per day in May, up 2 per cent from April.

However, domestic supply fell by 21.7 per cent to 32.5 million litres in June, before dropping another 20.6 per cent to 25.8 million litres in July.

The July figure was the lowest domestic supply level recorded during the seven-month period and was 37.1 per cent below January’s 40.1 million litres per day.

Petrol imports increase

Imported petrol followed a different pattern.

Imports averaged 24.8 million litres per day in January, the highest level recorded during the period.

They then plunged by 87.9 per cent to just three million litres per day in February.

Imports recovered to 5.9 million litres in March, representing a 96.7 per cent month-on-month increase, before dropping to 3.7 million litres in April.

The figure rose by 59.5 per cent to 5.9 million litres in May.

A major increase occurred in June, when imported petrol more than tripled to 18.1 million litres per day, representing a 206.8 per cent rise from May.

Imports increased again in July, though at a slower pace, rising by 8.8 per cent to 19.7 million litres per day.

Despite the July increase, imports remained 20.6 per cent below the January level of 24.8 million litres per day.

Total petrol supply

In January, Nigeria’s combined petrol supply averaged 64.9 million litres per day, consisting of 40.1 million litres from domestic refineries and 24.8 million litres from imports.

February recorded the lowest combined supply during the seven-month period at 32.4 million litres per day, following sharp declines in both domestic production and imports.

Total supply subsequently recovered to 40.1 million litres in March, 44.4 million litres in April, and 47.4 million litres in May.

The June increase to 50.6 million litres per day was largely driven by the sharp rise in imports, even as domestic supply fell to 32.5 million litres.

By July, total petrol supply had declined to 45.5 million litres per day.

Domestic refineries contributed 25.8 million litres, accounting for approximately 56.7 per cent of total supply, while imported petrol contributed 19.7 million litres, representing about 43.3 per cent.

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