Refineries received 127 million barrels of crude in nine months – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that domestic refineries received over 127 million barrels of crude oil and condensate from January to September 2026. This improvement in supply was attributed to the resolution of commercial disagreements between producers and refiners that had disrupted deliveries in the first quarter of the year.

The NUPRC's Chief Executive Officer, Oritsemeyiwa Eyesan, also mentioned that the regulator is considering a crude swap framework to further reduce transportation costs for local refineries, potentially lowering logistics expenses and improving the economics of processing crude locally.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.