Library / March 2026 This factsheet presents key statistics on the midstream and downstream petroleum operations in Nigeria

March 2026 This factsheet presents key statistics on the midstream and downstream petroleum operations in Nigeria

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7
7.  Indicative Fuel Prices Average
D.  GAS PROCESSING CAPACITY 
Facilities design capacity vs Utilization rate (%) 
Design capacity: 3.500 Bscf/day 
Design capacity: 1.250 Bscf/day 
Design capacity: 0.680 Bscf/day 
Design capacity: 0.554 Bscf/day 
Design capacity: 0.600 Bscf/day 
Utilization: 62.97%
Utilization: 97.56%
Utilization: 48.39%
Utililization: 87.20%
OB/OB AG Gas plant:
Util: 23.10%
    Design capacity: 1.300 Bscf/day
Utililization: 104.62%
Utorogu NAG1&2 Plant 
 Design capacity: 0.510 Bscf/day
Utililization: 40.32%
t (March 2026)
S/NO DESCRIPTION
LAGOS
ABUJA
KANO
CALABAR
SOKOTO
MAIDUGURI
IBADAN
ENUGU
1
INDICATIVE PUMP PRICE (N/L)
@Average NFEM FX Rate of 
N1,377.61/USD
1,249.01
  
1,286.81
     
1,298.11
   
1,252.67
         
1,303.52
   
1,317.19
            
1,257.07
     
1,280.43
           
2
MAXIMUM ACTUAL PUMP PRICE 
(N/L) 
1,208.00
 
1,238.00
     
1,273.00
  
1,250.00
        
1,305.00
   
1,300.00
          
1,238.00
    
1,368.00
          
3
MINIMUM ACTUAL PUMP PRICE 
(N/L) 
1,073.00
  
1,166.00
     
1,118.00
   
1,154.00
         
1,148.00
   
1,177.00
           
1,146.00
     
1,172.00
           
4
AVERAGE ACTUAL PUMP PRICE 
(N/L) 
1,140.50
  
1,202.00
     
1,195.50
   
1,202.00
        
1,226.50
   
1,238.50
          
1,192.00
     
1,270.00
           
 PRICE FOR THE PERIOD  - 1ST - 31ST MARCH 2026
CRUDE OIL PRICE (Dated Brent): $103.89/bbl; GASOLINE COST: $1,046.52/MT
PMS PRICE: