Nigeria’s energy sector still depends on key petroleum depots that drive fuel supply across all regions.
Updated figures of last discharges on 25 April 2025 show strong reserves of PMS, AGO, LPG, and ATK across top depots.
These functional depots maintain consistent product availability, ensuring reliable fuel distribution and boosting Nigeria’s energy security.
Here’s a detailed breakdown of Nigeria’s most active and reliable petroleum depots:
1. Matrix Energy
Matrix Energy leads with 59,912 MT of PMS stock across Warri strengthening southern and northern supply chains.
2. Nipco Plc
Nipco Plc stocks 38,000 MT of PMS, 25,000 MT of AGO, and 10,000 MT of LPG at Apapa, Lagos.
Its location in Lagos improves logistics and supports Nigeria’s growing push for clean energy alternatives like LPG.
3. Ardova Plc
Ardova holds 38,000 MT of PMS and 22,000 MT of AGO, operating nationally from its Victoria Island headquarters.
It builds strong national reach by consistently supplying both PMS and AGO across Nigeria’s states.
4. Prudent Energy
Prudent Energy stocks 26,000 MT of PMS and 17,000 MT of AGO at Oghara, Delta State.
It strengthens South-South distribution, helping industries and consumers access consistent petrol supplies.
5. AA Rano
AA Rano operates from Lagos and Kano, moving 22,000 MT of PMS and 10,000 MT of AGO to different regions.
This dual presence ensures steady fuel supply between Nigeria’s southern and northern markets.
6. Rainoil Ltd
Rainoil stores 21,700 MT of PMS, 25,000 MT of AGO, and 6,000 MT of LPG across three strategic depots.
It supports LPG expansion and petrol availability across the South-West, South-East, and South-South regions.
7. 11 Plc (Formerly Mobil Oil Nigeria)
11 Plc focuses on AGO, holding 10,836 MT at Apapa, Lagos.
Its historical infrastructure helps Nigeria maintain stable diesel supplies across industries.
8. Stockgap Depot
Stockgap Depot leads aviation fuel storage, holding 8,000 MT of ATK in Port Harcourt.
It supports uninterrupted aviation operations, particularly in major airports nationwide.
9. Sahara Group
Although current stock figures are unavailable, Sahara Group’s Apapa depot remains influential in Nigeria’s energy sector.
Market observers expect consistent activity based on Sahara’s long operational history.
10. MRS Oil Nigeria Plc
MRS manages Nigeria’s widest depot network, covering Lagos, Port Harcourt, Kano, Warri, Jos, Kaduna, Enugu, and Maiduguri.
Despite unavailable stock updates, its coverage strongly impacts petrol price in Nigeria.
- PMS Total: 205,612 MT
- AGO Total: 129,836 MT
- LPG Total: 16,000 MT
- ATK Total: 8,000 MT
What Makes a Depot Functional?
A functional depot maintains consistent product availability, multi-product distribution, national coverage, and operational resilience.
Nigeria’s top petroleum depots ensure steady petrol price in Nigeria by keeping products available year-round.
