The Dangote Refinery has increased its gantry price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, to N800 per kilogram, reflecting ongoing pressure from rising global energy costs. The new price took effect on March 17, 2026, up from the previous rate of N760/kg.
Market data indicates the adjustment is tied to higher international crude oil prices, which have driven up feedstock and refining expenses. Despite the increase, Dangote’s price remains lower than rates offered by several other suppliers across Lagos.
Figures compiled from LPG depots as of March 18, 2026, show that Ardova is selling at N900/kg, Navgas at N890/kg, PPMC at N895/kg, and A.A. Rano at N885/kg. The comparison suggests that the refinery continues to maintain a competitive edge in the domestic market even after the upward review.
Industry sources say marketers lifting products from the refinery have already begun adjusting their retail prices. Dangote-affiliated distributors are currently selling at around N830/kg, reflecting added logistics costs and profit margins above the ex-depot rate.
Analysts attribute the price movement to developments in the global energy market, where rising crude oil benchmarks have increased the cost of propane and butane, key components used in LPG production. Market observers warn that the upward trend could persist if international supply disruptions continue and crude oil prices remain elevated.
The latest adjustment underscores the strong link between Nigeria’s domestic cooking gas prices and global oil and gas dynamics. While Dangote Refinery remains relatively competitive, broader market signals point to sustained pressure on LPG prices in the near term.
