Oil producers supplied 53.7m barrels of crude to local refineries in Q2 –NUPRC

By Adewale Sanyaolu and Adanna Nnamani , Abuja
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said oil producers supplied 53.7 million barrels of crude oil and condensate to local refineries in the second quarter of 2026, representing 97.4 per cent performance under the Domestic Crude Supply Obligation (DCSO).
The commission disclosed this in its Q2 2026 DCSO report released in line with Section 109 of the Petroleum Industry Act (PIA) 2021.
The DCSO requires crude oil producers to make specified volumes of crude available to licensed domestic refineries. However, the NUPRC said transactions operate on a “willing buyer, willing seller” basis, which influences t...