Crude oil receipts by domestic refineries declined by 8 per cent to 0.585 million barrels per day(mbpd) in July, the latest Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)’ s Fact Sheet has shown.
This is a departure from 0.632 mbpd received in June 2026.
According to the report, the total Premium Motor Spirit (PMS), also known as petrol, receipt also fell by 10 per cent in July to 45.5 million litres per day (mlpd) from 50.6mlpd in the previous month.
This decline was driven by a severe 21 per cent plunge in domestic PMS supplies, which dropped from 32.5mlpd in June to 25.8 mlpd in July.
To prevent a supply deficit, market operators ramped up foreign sourcing, pushing PMS imports up by 9 per cent to 1.7mlpd during the month under review.
Despite lower overall receipts, the report showed that Nigeria’s PMS consumption declined by 25 per cent in July to 35.7 million litres per day from 37.1ml/d in the previous month.
The report also showed that the AGO consumption during the period under review declined by 8 per cent to 24.7 mlpd from 16.0 in June 2026.
Also, ATK consumption declined by 41 per cent to 1.7mlpd from 2.9mlpd in the previous month.
According to the NMDPRA fact sheet, consumption data is based on volumes trucked out into the domestic market during the period under review.
Because consumption dropped faster than supply receipts, Nigeria’s petrol grid recorded a 14 per cent increase in stock sufficiency, climbing from 19.7 days of buffer reserves up to 22.4 days.