‘70.1m litres of petrol supplied to Nigerian market in November’

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that an average of 71.5 million litres per day of Premium Motor Spirit (PMS), popularly called petrol, was supplied in the month of November. This is 25.5 million litres higher than the 46 million litres supplied in the month of October. A factsheet by the commission said the high figure was due to low supply recorded in September and October 2025, below the national demand threshold and the need for boosting national stock level to meet the peak demand period of end-of-year festivities. “Imports by the NNPC, the supplier of last resort, in November 2025, to build inventory and further guarantee supply during the peak demand period; 12 vessels programmed to discharge into October, but spilled into November 2025 domestic supply volumes are based on disport/discharged figures and refinery truck-outs,” it said. But breakdown shows 52.1 million litres per day was imported while 19.5 million litres per day was produced locally. For consumption, the factsheet said 52.9 million litres per day was consumed during the month, a decrease from the 56.7 million litres in October. 15.4 million litres/day diesel was consumed and 2.5 million litres/day of aviation fuel was consumed while 3,992mt/day of cooking gas was consumed. Meanwhile, the NMDPRA said it has begun the implementation of a gas trading license to ensure transparency and stability in the gas sector. A video posted on the X handle of the commission yesterday said the Nigerian gas market is an evolving market that requires all the regulatory enablement that must be provided so that the growth of the market can be structured and predictable.

The message which was relayed by the NMDPRA’s Director of CEO’s Office, Zakka Steve Ayuba, said the move will make activities in the market operated with an optimum level of transparency and efficiency.

“The gas trading license that the NMDPRA is putting in place today is being provided to complement all the other regulatory instruments that have been provided in the gas sector. This license will ensure that uptakers of gas and suppliers of gas have an environment where structured and very robust commercial activities can be undertaken.

“We are so elated that NMDPRA is creating the right level of enablement that is required in the gas sector. Thank you for continuing to collaborate with this regulator and we look forward to growing a very robust and very strong gas market that will then just continue to drive growth for the economy of Nigeria.”

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