Oil
Nigeria oil output exceeds OPEC quota for fifth month
Nigeria maintained its crude oil production above its OPEC allocation in September, driven by stable operations and fewer pipeline outages.
Key points
- Combined crude oil and condensate output averaged 1.717 million barrels per day in September.
- Crude oil production alone averaged 1.53 million barrels daily, exceeding the 1.5 million OPEC quota.
- Single-day production reached a peak of 1.84 million barrels during the month.
- Forcados and Bonny terminals recorded the highest average output levels.
Production growth
According to Punch Newspapers, Nigeria kept its crude output above its Organisation of the Petroleum Exporting Countries allocation for five consecutive months through September. Data released by the Nigerian Upstream Petroleum Regulatory Commission showed that combined daily output of crude and condensates grew by 2.34 per cent to reach 1.717 million barrels.
Excluding condensates, average daily crude output stood at 1.53 million barrels. This performance surpassed the country's assigned 1.5 million barrels per day quota by 30,000 barrels, representing 102 per cent of the target. Daily figures ranged from a low of 1.68 million barrels to a peak of 1.84 million barrels.
Operational stability
The upstream regulator attributed the positive trend to steady production activities across key assets and a lack of significant pipeline disruptions. This stability enhanced operational uptime and the efficiency of crude evacuation from fields.
Terminal data indicated that the Forcados facility led contributions with an average of 320,320 barrels per day in September. The Bonny terminal followed closely, registering an average of 303,270 barrels per day.
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.
