Nigeria recorded a sharp drop in domestic petrol supply and consumption in July 2026, even as inventory levels improved across major petroleum products.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this in its latest data.
The regulator’s July 2026 Factsheet shows that daily domestic Premium Motor Spirit (PMS) supply fell 21% month-on-month to 25.8 million litres per day (lpd), down from 32.5 million lpd in June.
Consumption tumbled even further, falling 25% to 35.7 million lpd compared to 47.4 million lpd the previous month.
Despite lower supply and demand, petrol stock sufficiency rose from 19.7 days to 22.4 days, reflecting a stronger buffer against potential market disruptions.
What the report is saying
The NMDPRA said total daily PMS receipts declined from 50.6 million lpd in June to 45.5 million lpd in July, representing a 10% decrease.
- The reduction was driven mainly by lower domestic supply, which fell by 6.7 million lpd.
- Imported PMS, however, increased by 9% from 18.1 million lpd to 19.7 million lpd during the period.
- The regulator’s data also showed a sharp increase in diesel receipts. Automotive Gas Oil (AGO) receipts climbed 46% from 16.2 million lpd in June to 23.6 million lpd in July.
- Domestic AGO supply edged down 3% to 15.7 million lpd, while imports rose from zero in June to 7.9 million lpd in July.
- AGO consumption declined by 8% from 16 million lpd to 14.7 million lpd.
Aviation Turbine Kerosene (ATK) recorded an even steeper drop in demand, with consumption falling 41% from 2.9 million lpd to 1.7 million lpd.
- LPG was the exception among the major products tracked. Consumption increased 7% from 4.1 million litres per day to 4.4 million litres per day.
The decline in consumption was accompanied by stronger inventory cover for petrol and…
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