Nigeria meets OPEC quota for fourth straight month

13 Sept 2026
By Firdaus Jibril

Nigeria’s crude oil production rose marginally in August to 1.5 million barrels per day, enabling the country to meet its OPEC quota for the fourth consecutive month, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The country produced an average of 1,500,190 barrels of crude oil per day in August, excluding condensates, representing a modest improvement from the previous month.

When condensates are included, total crude oil and condensate production stood at 1,677,777 barrels per day, up 0.4 percent from July.

The NUPRC stated that the lowest combined daily production recorded during the month was about 1.64 million barrels per day, while output peaked at 1.71 million barrels per day.

The commission attributed the improvement largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field, which had affected production performance in the preceding month. The restoration of normal evacuation and production operations at the asset contributed directly to the increase in national output.

Production across most other producing assets remained relatively stable during the period, with operators continuing measures aimed at improving production efficiency, maintaining asset integrity, and reducing operational disruptions.

Bonny Terminal recorded the highest average crude oil and condensate production among the terminals and streams listed for August, with 320.04 thousand barrels per day. Forcados Terminal followed with 317.40 thousand barrels per day. Qua Iboe recorded an average of 171.72 thousand barrels per day, while the Escravos Oil Terminal posted 131.71 thousand barrels per day. Bonga ranked fifth, recording an average crude oil production of 92.50 thousand barrels per day.

The August figures suggest that Nigeria’s production recovery remains gradual, with the latest increase stemming largely from the restoration of disrupted capacity rather than a broad-based surge across producing assets.

The NUPRC noted that the performance underscored the importance of resolving operational constraints promptly, improving asset reliability, and strengthening collaboration among industry stakeholders to sustain production growth.

Nigeria’s ability to consistently maintain crude production around its OPEC allocation remains significant for government revenues and foreign exchange earnings, particularly as the country continues efforts to raise output from aging and disrupted oil assets.