Oil
Nigeria sustains OPEC quota compliance for fifth month
Nigeria maintained its crude oil output above the OPEC ceiling in September, according to data from the industry regulator.
Key points
- Crude oil production excluding condensate reached 1.53 million barrels per day in September.
- The output surpassed the OPEC quota of 1.5 million barrels per day for the fifth consecutive month.
- The Nigerian Upstream Petroleum Regulatory Commission cited stable asset operations and fewer pipeline disruptions for the increase.
What happened
Nigeria recorded an average daily production of 1.717 million barrels of crude oil and condensate combined in September, marking a 2.34% increase compared to August, UA.News reported, citing data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Excluding condensate, crude production averaged 1.53 million barrels per day. This figure represents 102% of the country's assigned quota of 1.5 million barrels per day from the Organization of the Petroleum Exporting Countries (OPEC), a target Nigeria has met for five consecutive months.
Daily production figures during September fluctuated between a high of 1.84 million barrels and a low of 1.68 million barrels. The Forcados terminal recorded the highest average daily volume of crude and condensate at 320,320 barrels, followed by the Bonny terminal at 303,270 barrels per day.
Why it matters
Premium Times reported that the NUPRC attributed the steady production growth to stable operations across most production assets and a lack of significant interruptions to pipeline networks, which collectively enhanced shipment efficiency.
Fuel exports remain a critical component of the national economy, accounting for 85.9% of total merchandise exports in 2025, according to World Bank figures. Sustaining compliance with production targets provides essential revenue stability for policymakers and investors monitoring the Nigerian energy sector.
What comes next
Authorities maintain a long-term target to expand national production capacity to 3 million barrels per day by 2030.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
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.
