Dangote Refinery Hits 610,000bpd, Nears Full Capacity
The Dangote Petroleum Refinery is operating more reliably and efficiently than ever before, with output surging to around 610,000 barrels per day this month, edging closer to its official nameplate capacity of 650,000bpd, global energy and commodity agency...
Nigeria’s crude oil production rose to a peak of 1.78 million barrels per day (mbpd) in July, the highest level recorded year-to-date (YTD). The July production was about a five per cent uptrend compared to the 1.7 mbpd average output recorded in June.
The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast slowed due to refinery maintenance, and the Dangote refinery drove up Nigeria’s demand for inputs.
The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s position as America’s top African crude supplier despite growing pressures on broader trade flows.
Oil Producers Blocked Crude Supply to Dangote, Other Refineries - NUPRC
Efforts of the Nigerian government to mandate upstream oil producers to allocate a portion of their output to domestic refineries were resisted by several companies last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
Nigeria Exports 82% of Crude Oil as Local Refineries Struggle
Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the first quarter of 2025.
According to a report published by the Nigerian Upstream Petroleum...
