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    Nigeria Achieves 96% of OPEC Oil Production Quota in August

    Nigeria’s upstream oil sector recorded a year-on-year increase in output in August 2025, averaging 1.63 million barrels per day (bopd) of crude oil and condensates, up from 1.58 million bopd in the same month last year, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

    Crude oil production for August stood at 1.43 million bopd, representing 96% of Nigeria’s OPEC quota of 1.5 million bopd and marking a 5.47% increase from August 2024, when daily output averaged 1.36 million bopd. 

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    Condensate production, however, fell slightly to 197,229 bpd from 220,435 bpd in the previous year.

    Month-on-month, combined crude and condensate production dropped by 4.7% from July’s 1.71 million bopd, largely due to unscheduled maintenance at a key facility. 

    Crude oil production alone fell 4.8% from 1.5 million bopd in July 2025. Daily output ranged between 1.59 million and 1.85 million bopd during the month.

    Terminal-level contributions in August included Forcados Terminal with 8.99 million barrels, Bonny Terminal with 6.26 million barrels, Qua Iboe Terminal with 4.99 million barrels, and Escravos Oil Terminal with 4.18 million barrels, combining both crude and condensate.

    The NUPRC noted that achieving 96% of the OPEC quota underscores Nigeria’s ability to meet production targets despite operational challenges. 

    The report reflects the country’s ongoing efforts to stabilize output and maintain its role as a key oil supplier in the global market.

    Image Credit: The Sparklight News

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