Market Analysis Report

Market Analysis ReportPharez2026-05-23T10:30:46+01:00

MEMAN is pleased to introduce the first edition of the Market Analysis Report, developed by the Industry Competency Centre to provide timely insights into Nigeria’s evolving downstream energy sector.

This report delivers a data-driven assessment of supply dynamics, consumption trends, pricing movements, infrastructure developments, and broader market events shaping the industry during the review period.

Market Analysis by the CC

Key highlights from this edition include

The growing dominance of domestic refining in Nigeria’s PMS supply chain, led by the increasing contribution of the Dangote Petroleum Refinery
Analysis of PMS, AGO, LPG, Natural Gas, and ATK supply and consumption trends across the review period
Insights into stock sufficiency levels, supply deficits, and the downstream sector’s vulnerability to inventory pressures

Frequently Asked Questions

What is MEMAN?Nnene2024-08-18T13:43:16+01:00

What is MEMAN?

MEMAN stands for Major Energies Marketers Association of Nigeria. An energy industry association comprising 11 Plc (formerly Mobil), Ardova Plc, Conoil Plc, MRS Oil Nigeria Plc, NNPC Retail Limited, and TotalEnergies Marketing Nigeria Plc.

What sectors does MEMAN focus on?Nnene2024-08-18T13:45:46+01:00

What sectors does MEMAN focus on?

MEMAN focuses on the oil, gas, and renewable energy sectors, with specific emphasis on CNG and LPG for gas, solar energy and ethanol for renewable energy.

How does MEMAN promote transparency in the energy industry?Nnene2024-08-18T13:48:34+01:00

How does MEMAN promote transparency in the energy industry?

MEMAN promotes transparency by providing up-to-date information on fuel prices, stock market prices, and industry news on our website. We also engage in regular advocacy for compliance with industry regulations and ethical practices.

What is the purpose of MEMAN’s Competency Centre?Nnene2024-08-18T13:50:11+01:00

What is the purpose of MEMAN’s Competency Centre?

The Competency Centre is dedicated to fostering knowledge and skills within the energy industry, offering training, resources, and industry insights to help professionals stay informed and compliant with the latest standards and regulations.

How does MEMAN contribute to sustainable energy solutions?Pharez2024-08-18T13:51:44+01:00

How does MEMAN contribute to sustainable energy solutions?

MEMAN advocates for cleaner and more sustainable energy solutions through the promotion of natural gas (CNG & LPG), solar power and biofuels like ethanol. We also work closely with partners to encourage the adoption of renewable energy practices in Nigeria.

How can I stay updated on MEMAN’s activities and industry news?Pharez2024-08-18T13:55:17+01:00

How can I stay updated on MEMAN’s activities and industry news?

You can stay updated by visiting our website, where we provide regular updates through our industry news, Competency Centre Bulletin, and weekly reports. You can also subscribe to our mailing list by registering at the competency centre, for direct updates.

How does MEMAN ensure compliance with industry standards?Pharez2024-08-18T14:08:18+01:00

How does MEMAN ensure compliance with industry standards?

MEMAN advocates for strict adherence to industry regulations and ethical practices. We provide guidance and resources to help companies stay compliant and regularly engage with regulatory bodies to influence positive change in the industry.

How can I get involved with MEMAN?Pharez2024-08-18T14:10:43+01:00

How can I get involved with MEMAN?

You can get involved with MEMAN by participating in our training programs, attending our webinars, subscribing to our newsletter, or collaborating with us on projects that align with our mission of promoting transparency and sustainability in the energy industry. You can also apply to become a member by going to our membership page.

Mail: info@meman.org.ng

Phone: 020-1453-6155

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