Despite 53.7m barrels supplied, Nigeria’s refineries still face crude crunch

By Udeme Akpan, Energy EditorNigeria’s domestic refining is facing a prolonged crude supply paradox, with 53.7 million barrels of crude oil and condensate supplied to local refineries in the second quarter of 2026, even as refiners continue to face challenges securing feedstock on commercially viable terms.The Crude Oil Refinery Owners Association of Nigeria (CORAN) said the improvement in physical deliveries was encouraging but stressed that supply allocations alone would not solve the p