The Dangote Refinery has increased its Liquefied Petroleum Gas (LPG) gantry price to ₦800 per kilogram, marking a fresh adjustment in response to rising global energy costs and tightening supply conditions.
Market checks indicate that the new price represents an increase from ₦760/kg, with the adjustment taking effect from March 17, 2026. The upward review aligns with the continued surge in international crude oil prices, which has pushed up feedstock and processing costs across refining operations.
Despite the increase, Dangote’s gantry price remains the lowest among major suppliers in Nigeria’s LPG market.
Depot Prices Reflect Market Adjustment
Data compiled across Lagos depots on March 18, 2026, shows significantly higher price levels compared to Dangote’s revised rate:
LAGOS DEPOTS (LPG)
Ardova == ₦900/kg
Navgas == ₦890/kg
PPMC == ₦895/kg
A.A. Rano == ₦885/kg
The price gap highlights Dangote Refinery’s continued competitive positioning, even after the latest upward adjustment.
Marketers Adjust Resale Prices
Industry sources confirm that marketers lifting products from the refinery have begun adjusting their resale prices to reflect the new gantry rate. Current checks show that Dangote-affiliated marketers are selling LPG at around ₦830/kg, indicating a margin spread above the ex-depot price.
The price movement is largely attributed to rising crude oil benchmarks in the international market, which have increased the cost of propane and butane components used in LPG production. This has translated into higher wholesale and retail prices across the domestic market.
Analysts note that while Dangote’s pricing remains relatively competitive, the broader market trend points to sustained upward pressure on cooking gas prices, driven by global supply disruptions and elevated crude oil prices.
The latest adjustment reinforces the sensitivity of Nigeria’s LPG market to international energy dynamics, with local pricing continuing to track movements in the global oil and gas value chain.