Oil
NUPRC identifies 788,000 bpd of shut-in oil production for restoration
CEII brief
Nairametrics reported on 11 Oct 2026: NUPRC identifies 788,000 bpd of shut-in oil production for restoration.
Read the full story on NairametricsThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has identified more than 788,000 barrels per day (bpd) of shut-in oil production across 63 operators that it is targeting for restoration as part of efforts to increase Nigeria’s crude oil output.
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
Original reporting © Nairametrics. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.