Cooking Gas Prices Fall Across Nigeria as LPG Supply Rises to 5.332 KT/D
By Aboki Forex —
Cooking gas prices fell sharply in Lagos, Ibadan, Calabar, Kano and Enugu in July 2026 after stronger domestic supply pushed more product into the market. Total Liquefied Petroleum Gas (LPG) supply rose to 5.332 kilotonnes per day (KT/D), up from 5.164 KT/D in June, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) July 2026 sector factsheet.
Domestic sources accounted for 4.373 KT/D, or 82 per cent of total supply, while imports contributed 0.958 KT/D, or 18 per cent. The July figure was well above the estimated 3.9 KT/D consumption benchmark, a sign of improved market availability.
Who supplied the gas
The NLNG/SEPNU consortium remained the largest contributor at 2.031 KT/D, equal to 38.1 per cent of total volume through vessel deliveries. Dangote Refinery supplied 0.829 KT/D, or 15.5 per cent, while other domestic processing plants contributed 1.513 KT/D, or 28.4 per cent.
Daily consumption climbed to 4.4 KT/D in July from 4.1 KT/D in June. Even with that increase, supply stayed ahead of demand, which helped ease pressure on the market.
What consumers now pay
In Lagos, the average price of cooking gas dropped to about N1,235 per kilogramme in July from roughly N1,776/kg in June, a decline of nearly 30 per cent.
Ibadan recorded a fall from N1,775/kg to N1,540/kg. Calabar moved from N1,550/kg to N1,410/kg. Kano slipped from N1,575/kg to N1,550/kg, while Enugu dropped from N1,625/kg to N1,550/kg.
Sokoto was the only city listed in the data to record an increase, with prices rising slightly from N1,550/kg to N1,575/kg. Dealers have been adjusting their rates downwards to compete and retain customers amid intense competition.
How the market got here
The price correction follows severe volatility in the LPG market. Cooking gas prices climbed as high as N2,500/kg in some parts of Nigeria by mid-June, compared with N1,500 to N1,700/kg around May 25.
Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, directed marketers to increase imports and tasked NMDPRA with intensifying discussions with producers, importers and marketers. An emergency stakeholders' meeting in Abuja subsequently helped improve supply conditions. National LPG supply sufficiency reportedly rose from around 11 days to 22 days.
The July figures suggest the market is gradually recovering from the disruptions of April and May. With NLNG/SEPNU and Dangote Refinery together accounting for more than half of total supply, domestic production is becoming increasingly important to market stability.
Volatility remains a concern. Domestic supply declined by about 10 per cent month-on-month in June, and part of Nigeria's gas production continues to be directed towards exports. Further investment in gas production, aggregation and processing will be needed to prevent another sharp rise in prices.
NLNG has also accused some marketers of buying LPG for as little as N800 to N900 per kilogramme and selling it to consumers for up to N2,400, an allegation that has intensified scrutiny of the distribution chain and raised questions about when households will fully benefit from increased supply.