Dangote Refinery Advocates for Viable Domestic Crude Supply

Dangote Petroleum Refinery and Petrochemicals has clarified its position regarding recent reports from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) that indicated the refinery rejected 15.5 million barrels of crude oil from local producers in the second quarter of 2026. The company reaffirmed its commitment to sourcing Nigerian crude oil and supporting the Domestic Crude Supply Obligation (DCSO) framework.

Devakumar Edwin, Group Vice President of Oil & Gas and Fertiliser at Dangote Industries Limited, stated that the key issue is not the nominal volume offered but the actual availability of crude at commercially viable prices. He noted challenges in securing adequate domestic crude supplies, leading to reliance on International Oil Companies (IOCs) and third parties, which often results in higher costs.

Edwin emphasized that the refinery is prepared to purchase Nigerian crude if it meets the criteria of sufficient volume and competitive pricing, as higher crude costs ultimately affect the pricing of refined petroleum products for the local market.