Nigeria’s average daily petrol consumption fell to 56.9
million litres in February 2026, according to data released by the Nigerian
Midstream and Downstream Petroleum Regulatory Authority.
The figures indicate a decline from 60.2 million
litres per day recorded in January, reflecting a drop in demand across the
country’s fuel market.
Supply from the Dangote Refinery also decreased during
the month, falling to 36.5 million litres per day in February compared
with 40.1 million litres in January.
Overall domestic petrol supply sharply declined to 39.6
million litres per day in February, down from 64.9 million litres per day
the previous month. The shift highlights changes in Nigeria’s downstream
petroleum supply structure as local refining capacity continues to evolve.
State-owned refineries contributed no petrol production during the month due to
ongoing rehabilitation projects.
The Port Harcourt Refinery remained shut, though
diesel previously produced continued to be evacuated at an average rate of 0.392
million litres per day. Similarly, the Kaduna Refinery was closed, with
existing diesel stocks released at about 0.027 million litres per day.
The Warri Refinery also recorded zero petrol production during the period.
The report highlighted the growing contribution of
modular refineries to diesel supply. The WalterSmith Refinery operated at 59.66%
capacity, producing around 0.112 million litres of diesel daily,
while the Edo Refinery and Petrochemicals Company ran at 81.66% capacity,
supplying 0.085 million litres of diesel per day.
Meanwhile, the Aradel Refinery operated at 34.47%
capacity, producing 0.171 million litres of diesel daily. Two other
modular facilities, OPAC Refinery and Duport Refinery, remained inactive
throughout the month.
Despite the drop in petrol consumption and supply,
diesel availability improved. Supply of Automotive Gas Oil (AGO)
increased to 24.4 million litres per day in February, up from 18.9
million litres in January. The rise in diesel supply was supported by output
from modular refineries and the continued evacuation of previously refined
diesel from some state-owned facilities.
Comments:
Leave a Reply