{
  "id": 8129081,
  "title": "Dangote refinery got 60% crude supply locally – Report",
  "url": "https://urgent.news/2026/09/18/dangote-refinery-got-60-crude-supply-locally-report",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T00:12:42.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/dangote-refinery-got-60-crude-supply-locally-report/"
  },
  "original_language": "en",
  "account": "Dangote Petroleum Refinery reported that 60% of its crude feedstock in 2025 came from Nigeria, according to its initial public offering prospectus. The refinery sourced approximately 116 million barrels of crude from Nigeria through term contracts with the Nigerian National Petroleum Company Limited, spot purchases from international oil companies and domestic producers, as well as under the Federal Government's crude-for-naira program. This accounted for about 116.1 million barrels sourced domestically from July 2025 to June 2026. The remaining 40% of the refinery's crude requirements were met through international purchases. The refinery processed around 26.4 million metric tonnes of crude feedstock during the 12-month period, which translates to approximately 193.5 million barrels.",
  "summary": "Dangote Petroleum Refinery sourced 60% of its crude oil from Nigeria in the 12 months to June 2026, according to its IPO prospectus. Read More: https://punchng.com/dangote-refinery-got-60-crude-supply-locally-report/",
  "key_points": [
    "60% of Dangote refinery's crude supply came from Nigeria in 2025.",
    "Refinery sourced 116 million barrels from Nigeria via contracts and spot purchases.",
    "Remaining 40% of crude requirements met through international purchases."
  ],
  "editors_take": "The Dangote refinery's reliance on local crude supply shifts its procurement strategy towards Nigerian sources, potentially benefiting domestic oil producers and the government's crude-for-naira program.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Dangote refinery got 60% crude supply locally – Report",
        "url": "https://urgent.news/2026/09/18/dangote-refinery-got-60-crude-supply-locally-report-8129798",
        "published": "2026-09-18T00:16:41.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}