Dangote Refinery supplied 50 million litres of petrol daily in H1 2026 – Report

The Dangote Petroleum Refinery supplied approximately 50 million litres of petrol daily to Nigeria’s domestic market in the first half of 2026, as the facility expanded production and exports to international markets.

This was disclosed in Dangote Group’s H1 2026 Macroeconomic Report, titled Between Windfall and Inflation, prepared by its Economic Research and Intelligence Unit.

According to the report, daily petrol supply reached a record 56 million litres in April, against a planned evacuation of approximately 1.1 million tonnes monthly.

The report revealed that the refinery’s capacity utilisation increased from approximately 45% in early 2025 to between 98% and 101% from April to June 2026.

Its processing capacity was also rerated from 650,000 to 700,000 barrels per day in June, reflecting the expansion of its refining operations.

The report noted that the increase in production enabled the facility to meet a substantial portion of Nigeria’s domestic petroleum demand while expanding exports of diesel, aviation fuel and other refined products.

It further disclosed that Nigeria’s refined petroleum product exports increased by 51% year-on-year in the first quarter of 2026.

The expansion of domestic refining capacity has significantly reduced Nigeria’s dependence on imported petrol, although the country continues to receive supplies from international markets.

According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s average daily petrol imports declined by 26% to 14.6 million litres in August 2026, from 19.7 million litres in July.

The increase in domestic refining has also coincided with a sharp reduction in Nigeria’s petrol import expenditure.

Data from the National Bureau of Statistics (NBS) showed that the country’s petrol import bill fell by 96.15% to N87.40 billion in Q1 2026, from N2.27 trillion in the corresponding period of 2025.

Beyond supplying Nigeria’s domestic market, Dangote Refinery has expanded exports to Europe, reversing part of the historical trade pattern under which Nigeria imported refined petroleum products from international markets.

Meanwhile, Dangote is planning another large-scale refinery in Kenya, with the proposed $17 billion facility expected to be located in Lamu.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

Enugu secures $200 million investment for 100MW solar power project

FG petrol discount not funded by budget, absorbed by NNPC Retail margin

ICRC demands full capacity operation of 700MW Zungeru Hydropower Plant