Energy

Nigeria Meets OPEC Quota As Crude Oil Production Drops To 1.63mbpd

By Sunday Etuka, Abuja

Nigeria’s crude oil output increased year-on-year to 1.63 million barrels per day in August, relative to the 1.58 million bopd recorded in the same period last year.

On a month-on-month basis, there was a slight 4.7% drop in combined crude oil and condensate production from 1.71 million bopd in July. Similarly, crude oil production itself declined by 4.8%, down from 1.5 million bopd in July 2025.

The month-on-month drop was driven by a single day unscheduled maintenance at an oil facility.

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This data was based on Crude Oil and Condensate Production for August 2025, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Saturday, September 20,2025.

The figure, nonetheless, shows that Nigeria met 96% of the 1.5 million bopd quota set by the Organisation of Petroleum Exporting Countries (OPEC), demonstrating the country’s capacity to meet its production targets under the OPEC agreement.

According to the Head of Media and Strategic Communications, NUPRC, Eniola Akinkuotu, the breakdown of August 2025 production, comprises 1.43 million bopd of crude oil, which grew 5.47% compared to August last year, which posted a daily crude oil average of 1.36 million bopd. This reflects a steady recovery and improved operational performance across the industry.

Daily condensate production in August stood at 197,229 bpd, reflecting a slight decline from 220,435 bpd in August 2024.

In the month of August, the lowest and peak combined crude and condensate production were 1.59 million bopd and 1.85 million bopd respectively.

The Commission said in the review month, Forcados Terminal topped the production charts, delivering a total of 8.99 million barrels, including 8.08 million barrels of crude oil and 915.2k barrels of condensates.

Following closely, according to NUPRC, was Bonny Terminal, which produced a combined 6.26 million barrels, consisting of 5.8 million barrels of crude and 418.27k barrels of condensates.

Meanwhile, it said Qua Iboe Terminal recorded a total of 4.99 million barrels, with 4.94 million barrels of crude and 50.5k barrels of condensates.

The Commission said Escravos Oil Terminal also made a solid contribution, producing 4.18 million barrels, comprising 4.08 million barrels of crude oil and 107k barrels of condensate.

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