Nigeria exceeds OPEC quota as crude oil production hits 74-month high

Nigeria has exceeded its crude oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC), recording its highest output in more than six years as production continued its steady recovery.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the country produced an average of 1,735,398 barrels of crude oil and condensates per day in June 2026, marking the fourth consecutive month of production growth.

In a statement issued on Sunday by the commission’s Head of Media and Corporate Communications, Eniola Akinkuotu, the NUPRC said crude oil production averaged 1.56 million barrels per day, while condensate production stood at 180,000 barrels per day.

The crude oil output represents 104 per cent of Nigeria’s OPEC production quota of 1.5 million barrels per day.

The commission said the June performance was the country’s strongest in strict crude oil production, excluding condensates, since April 2020, making it the highest level recorded in 74 months.

According to the NUPRC, combined crude oil and condensate production peaked at 1.89 million barrels per day during the month, while the lowest daily output was 1.57 million barrels.

The commission attributed the improved production performance to stable operations across producing assets and the absence of major pipeline disruptions during the review period.

It noted that the improved operational environment enhanced production uptime and enabled more efficient evacuation of crude oil from production facilities.

The latest figures underscore Nigeria’s continuing efforts to increase oil output through improved security around critical infrastructure, enhanced operational efficiency and reduced production losses.

The June production data also brings the country closer to its longer-term target of producing 2 million barrels of crude oil and condensates per day.