Business

Nigeria's Domestic Oil Refineries Face July Supply Shortfall

Nigeria's ambition for energy independence takes a hit as crude oil supply to domestic refineries dipped 8% in July. This decline, reported by the NMDPRA, signals potential challenges for petrol availability and local production capacity. Stakeholders must address these bottlenecks to stabilize the nation's petroleum sector.

Tribune Online·August 24, 2026AI-curated

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 Jun

nigeriaoil and gaseconomypetroleumrefineries

This story was sourced from Tribune Online and rewritten in SEVA editorial voice. Read the full original at the source.