Monthly Sector Report — Oil & Gas

Reporting month: September 2026 Generated: 2026-09-01

Summary

Monthly performance report for the Oil & Gas sector covering September 2026. 42 indicators tracked; 3 trending up, 1 declining, 38 stable compared with the prior period. Largest gain: Oil Block Concession Revenue (+150.0%). Largest decline: Oil Consumption (-39.3%).

Top 3 Critical Economic Shifts This Month

1. Oil Block Concession Revenue: +150.0% (up)
2. Oil Sector FDI: +73.3% (up)
3. Active Exploration Blocks: +66.7% (up)

Indicator Performance (latest vs previous period)

• Crude Oil Production: latest 0 barrels (2026) · previous 0 (2024) · change — · trend stable
• Mineral Fuels and Oils Import Value: latest 609.93 USD million (2026) · previous — · change — · trend stable
• Commercial Oil & Gas Production: latest 0 barrels (2026) · previous — · change — · trend stable
• Petroleum Levy Surcharge: latest 0.2 USD per gallon (2025) · previous — · change — · trend stable
• Active Offshore Petroleum Contracts: latest 8 contracts (2025) · previous — · change — · trend stable
• Petroleum Import Price: latest 66.72 USD per barrel (2025) · previous — · change — · trend stable
• Oil Block Concession Revenue: latest 20 USD Millions (2025) · previous 8 (2024) · change +150.0% · trend up
• Active Exploration Blocks: latest 5 Blocks (2025) · previous 3 (2024) · change +66.7% · trend up
• Oil Sector FDI: latest 78 USD Millions (2025) · previous 45 (2024) · change +73.3% · trend up
• Active Offshore Exploration Contracts: latest 4 contracts (2025) · previous — · change — · trend stable
• Exploration Area Awarded: latest 12,700 square kilometers (2025) · previous — · change — · trend stable
• Offshore Exploration Contracts Awarded: latest 4 contracts (2025) · previous — · change — · trend stable
• Offshore Exploration Blocks Awarded: latest 4 blocks (2025) · previous — · change — · trend stable
• Exploration Area Licensed: latest 12,700 square kilometers (2025) · previous — · change — · trend stable
• Petroleum Consumption (PMS & AGO): latest 15.33 million gallons (2025) · previous — · change — · trend stable
• Petroleum Product Imports: latest 167.83 million gallons (2024) · previous — · change — · trend stable
• National Petroleum Product Imports: latest 167,825,221 gallons (2024) · previous — · change — · trend stable
• Petroleum Gas Import Value: latest 21.7 USD million (2024) · previous — · change — · trend stable
• Crude Petroleum Export Value: latest 114 USD million (2024) · previous — · change — · trend stable
• Proved Oil Reserves: latest 0 billion barrels (2024) · previous — · change — · trend stable
• Refinery Production: latest 0 barrels (2024) · previous — · change — · trend stable
• Domestic Refinery Production: latest 0 barrels (2024) · previous — · change — · trend stable
• Premium & Diesel Fuel Import Volume: latest 42.57 million gallons (2024) · previous — · change — · trend stable
• Petroleum Gas Exports: latest 0.135 USD million (2024) · previous — · change — · trend stable
• Petroleum Gas Imports: latest 21.7 USD million (2024) · previous — · change — · trend stable
• Oil Consumption: latest 4,852.7 barrels per day (2024) · previous 8,000 (2016) · change -39.3% · trend down
• National Petroleum Imports Volume: latest 167.83 million gallons (2024) · previous — · change — · trend stable
• Oil Consumption Growth Rate: latest 4.5 % (2024) · previous — · change — · trend stable
• Oil and Petroleum Products Consumption: latest 4,852.7 barrels per day (2024) · previous — · change — · trend stable
• Government Revenue from Oil & Gas: latest 0.55 USD million (2023) · previous — · change — · trend stable
• Oil and Gas Export Revenue: latest 0 USD million (2023) · previous — · change — · trend stable
• Domestic Crude Oil Supply Share: latest 0 % (2023) · previous — · change — · trend stable
• Oil & Gas Sector Government Revenue: latest 0.55 USD million (2023) · previous — · change — · trend stable
• Light Oils Import Value: latest 317.3 USD million (2023) · previous — · change — · trend stable
• Medium Oils Import Value: latest 351.5 USD million (2023) · previous — · change — · trend stable
• Seismic Data Sale Revenue: latest 1 USD million (2023) · previous — · change — · trend stable
• LPRA License Fees Revenue: latest 0.55 USD million (2023) · previous — · change — · trend stable
• Extractive Sector Revenue: latest 182.35 USD million (2022) · previous — · change — · trend stable
• Oil & Gas Share of Extractive Revenue: latest 0 % (2022) · previous — · change — · trend stable
• Government Revenues from Oil & Gas: latest 2.88 USD million (2019) · previous — · change — · trend stable
• Oil & Gas Government Revenues: latest 2.88 USD million (2019) · previous — · change — · trend stable
• Oil & Gas Sector Employment: latest 0 persons (2019) · previous — · change — · trend stable