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Published June 6, 2026businesseconomyenergy

Dangote Boosts Local Petrol Supplies As Refinery’s Production Hits 700,000b/d

Dangote Petroleum Refinery & Petrochemicals has increased local supplies of Premium Motor Spirit (PMS), otherwise known as petrol, to local stations, according to findings by Channels Television

Source-backed market reading focused on the local industrial developments, project signals, and operating consequences that are actually worth tracking.

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Dangote Petroleum Refinery & Petrochemicals has increased local supplies of Premium Motor Spirit (PMS), otherwise known as petrol, to local stations, according to findings by Channels Television. Our correspondent gathered that supplies to the Refinery’s partner stations, such as MRS, have increased between Friday and this morning, Saturday, June 6, 2026.

Our correspondents sighted an unusual influx of petrol tankers taking turns to deliver supplies to MRS stations in Lagos, a development that caused gridlock on the Lagos/Ibadan expressway on Saturday morning. It was also gathered that the price of petrol at MRS stations has dropped to N1,282 per litre, unlike in other stations where prices are in the range of N1,295 and N1,380 per litre.

Last Saturday, the Refinery announced that it had slashed the ex-depot price of petrol to N1,250 per litre from N1,275 per litre, while the price of AGO (diesel) was cut to N1,700 per litre from N1,800 per litre. In a press statement released to journalists yesterday, the Refinery stated that it has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility’s operational expansion and further cementing its position as the world’s largest single-train petroleum refinery.

The increase sees the refinery surpass its nameplate capacity of 650,000 bpd. According to the statement, the achievement demonstrates the refinery’s ability to process additional feedstock while optimising performance across its production units. Vice-President for Oil and Gas, Dangote Industries Limited, Devakumar Edwin, explained that the ramp-up is part of a broader, ambitious strategy to more than double capacity to 1.4 million bpd within 30 months, positioning the facility as potentially the largest refinery globally.

According to him, the expansion is expected to boost Nigeria’s energy self-sufficiency, eliminate the country’s dependence on imported refined products, and strengthen its position as a regional export hub, pointing out that the Refinery’s growth trajectory reflects a deliberate move toward continental and global refining dominance, not just domestic supply sufficiency.

Owned by Nigerian industrialist and philanthropist Aliko Dangote, the refinery commenced fuel production in 2024 and has steadily increased output of petrol, diesel, aviation fuel, and other refined petroleum products. The facility has rapidly established itself as a major supplier to both domestic and international markets, exporting refined petroleum products to several African countries and key European destinations, including the United Kingdom, France, Spain, Italy, and the Netherlands, among others.

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Dangote Boosts Local Petrol Supplies As Refinery’s Production Hits 700,000b/d

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Document: Channels TV Business RSS · Source: Channels TV Business RSS

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