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Nigeria Exceeds OPEC Quota, Records Highest Crude Oil Production In 6 Years

By Imisioluwa Afunmiso

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Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries (OPEC) quota in June 2026, recording its highest monthly output in more than six years.

According to figures released by the Presidency, the country produced an average of 1.56 million barrels of crude oil per day (bpd) in June, exceeding its OPEC production target of 1.5 million bpd by four per cent. Including condensates, total daily production averaged 1.735 million bpd.

Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed the figures in a statement issued by the Head of Media and Corporate Communications, Mr Eniola Akinkuotu, on Monday.

He said the June output represents Nigeria’s highest monthly crude oil production since April 2020, marking a 74-month high.

According to the statement, the country’s combined crude oil and condensate production reached a daily peak of 1.89 million barrels during the month, while the lowest daily output recorded was 1.57 million barrels.

The latest figures extend a steady production increase recorded in recent months. Average daily production rose from 1.483 million bpd in February to 1.546 million bpd in March, 1.663 million bpd in April, 1.700 million bpd in May and 1.735 million bpd in June, representing a 2.2 per cent month-on-month increase.

Onanuga attributed the sustained growth to improved operational stability across producing assets, the absence of major pipeline outages and improved crude evacuation efficiency.

He said limited operational shutdowns at a few facilities had only a minimal impact on overall national output, while scheduled turnaround maintenance was completed without causing significant disruptions to production.

“The June performance reflects the commitment of operators and stakeholders in the upstream petroleum sector to improving operational efficiency, maintaining asset integrity and strengthening production reliability,” he stated.

A breakdown of production by export terminals showed that Bonny Terminal remained Nigeria’s highest-producing terminal, with an average output of 318.28 thousand barrels per day (kbpd), up from 293.88 kbpd recorded in May.

Forcados Terminal followed with 306.36 kbpd, compared with 289.90 kbpd in the previous month.

Qua Iboe Terminal produced an average of 164.73 kbpd, slightly lower than the 173.36 kbpd recorded in May, while Escravos Terminal increased production to 138.03 kbpd from 135.47 kbpd.

The offshore Bonga field ranked fifth among the country’s producing streams, recording an average output of 103.66 kbpd, marginally higher than the 102.54 kbpd posted in May.

The Presidency said the improved production performance underscores ongoing efforts to strengthen infrastructure reliability, improve operational efficiency and maximise revenue from Nigeria’s petroleum sector, while advancing the country’s target of achieving sustained crude oil production of two million barrels per day.

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