Oil
Nigeria sustains OPEC quota compliance through September
Nigeria maintained its crude oil output within assigned limits for a fifth consecutive month during September 2026.
Key points
- Crude oil production averaged 1.53 million barrels per day in September.
- Output reached 102 per cent of the allocated 1.5 million barrels per day target.
- Combined crude and condensate figures rose by 2.34 per cent compared to August.
Production performance
Nigeria has successfully kept its crude oil extraction within Organisation of the Petroleum Exporting Countries limits for five months in a row, according to figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Excluding condensate, the country extracted an average of 1.53 million barrels daily throughout September 2026, surpassing the assigned 1.5 million threshold at 102 per cent compliance.
Combined daily output of crude and condensate climbed by 2.34 per cent from August, reaching a total average of 1,717,030 barrels per day. Throughout the month, daily volumes fluctuated between a low of 1.68 million barrels and a peak of 1.84 million barrels.
Operational drivers
Regulators pointed to consistent facility operations and a lack of significant pipeline disruptions as primary drivers for the steady performance. These conditions improved production uptime and streamlined the evacuation of petroleum streams.
Terminal statistics indicated that the Forcados facility led operational streams with a daily average of 320,320 barrels of crude and condensate. The Bonny terminal followed closely, registering 303,270 barrels per day during the same period.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
- TradingViewNigeria meets OPEC crude quota for fifth straight month in September
- Real Broadcasting NetworkNigeria Meets OPEC Quota for Fifth Straight Month
- The Sun NigeriaNigeria meets OPEC quota for fifth consecutive month
- Business Post NigeriaNigeria Meets OPEC Quota for Fifth Straight Month in September With 1.53mbpd
- Tribune OnlineNigeria meets OPEC quota for fifth consecutive month - Tribune Online
- The Nation NewspaperNigeria surpasses OPEC quota by 2 per cent in September
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.
