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Home Energy

Nigeria Surpasses OPEC Oil Quota Again in June with 1.5m Barrels Daily Output

Victoria Emeto by Victoria Emeto
July 17, 2025
in Energy, Oil
0
Nigeria Surpasses OPEC Quota in June with 1.5m Daily Crude Output

Nigeria has exceeded its OPEC crude oil production quota of 1.5 million barrels per day (bpd) for the second time in 2025, according to the July Monthly Oil Market Report (MOMR) released by the Organization of the Petroleum Exporting Countries (OPEC).

The report, obtained by the News Agency of Nigeria (NAN), revealed that Nigeria’s crude oil production in June 2025 stood at 1.505 million bpd, surpassing the quota by 0.4%. This marks the second time Nigeria has crossed the OPEC limit this year, with the first instance recorded in January 2025.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) further confirmed that Nigeria’s average daily production in June, including condensates, totaled 1.697 million barrels per day. Specifically, crude oil accounted for 1.505 million bpd, while condensates contributed 191,572 bpd.

The NUPRC noted that the lowest and highest daily production levels in June — combining both crude and condensates — were 1.61 million bpd and 1.82 million bpd, respectively. By contrast, in May, total production stood at 1.65 million bpd, while in March, output dropped to 1.60 million bpd, underscoring a steady but fluctuating recovery.

Analysts view Nigeria’s improved output as a sign of increasing operational stability in the upstream sector and a potential boost for government revenue amid ongoing reforms in the oil and gas industry.

Tags: #CrudeOilUpdate#NigeriaOilProduction#NUPRCReport#OPECLimits
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