As of today, 23rd April 2025, Nigeria’s downstream oil sector recorded steady coastal tanker activity, with three major depots receiving petroleum products across Lagos, Warri, and Port Harcourt. These deliveries form part of the country’s ongoing fuel supply stabilisation strategy despite currency pressures and fluctuating global oil prices.
Tanker Arrivals and Discharges
Lagos Axis
Vessel: SIENNA
Terminal: Dangote Refinery
Product: Crude Oil
Quantity: 140,000 MT
Status: Arrived 20 April, Berthed 21 April
Remarks: Discharge completed on 22 April.
Vessel: PS New Orleans
Terminal: BONO Energy
Product: Automotive Gas Oil (AGO)
Quantity: 11,054 MT
Status: Arrived 15 April, Berthed 21 April
Remarks: Discharging in progress; loaded-offshore parcel for inland distribution.
Vessel: CLYDE
Terminal: Fatgbems
Product: Automotive Gas Oil (AGO)
Quantity: 15,000 MT
Status: Arrived 20 April, Berthed 21 April
Remarks: Discharging second parcel, expected to complete by 24 April.
Warri Axis
Vessel: Matrix Triumph
Terminal: Matrix Energy
Product: Automotive Gas Oil (AGO)
Quantity: 15,000 MT
Status: Arrived and Berthed 21 April
Remarks: Discharging in progress; volume part of routine restock for Niger Delta demand.
Port Harcourt Axis
Vessel: Barumk Gas
Terminal: Stockgap
Product: Liquefied Petroleum Gas (LPG – Butane)
Quantity: 8,000 MT
Status: Arrived 17 April, Berthed 19 April
Remarks: Discharging underway; loaded at NLNG Bonny, supporting Nigeria’s domestic gas policy.
Strategic Implications
Furthermore, the crude offloaded at Dangote Refinery supports Nigeria’s push to prioritise local refining, aiming to reduce reliance on imports and stabilise pump prices. The refinery recently slashed its ex-depot petrol price to ₦835 per litre, a move tied to its naira-based crude sourcing.
Also, consistent AGO deliveries to Lagos and Warri highlight resilient demand for diesel across commercial and industrial zones, amid persistent power grid issues.
The LPG discharge at Port Harcourt is aligned with the Federal Government’s “Decade of Gas” initiative, promoting cleaner domestic energy alternatives.
Outlook
With more vessels scheduled for berthing in the coming days, including crude and PMS tankers headed to private jetties, Nigeria’s short-term supply outlook remains stable. These ongoing marine activities ensure fuel stockpiles remain robust ahead of upcoming public holidays and anticipated demand spikes.
