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Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High — NUPRC
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Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High — NUPRC

Channels TV about 3 hours 2 mins read

 

Nigeria has met its production quota set by the Organisation of Petroleum Exporting Countries (OPEC), as crude oil and condensate production soared to an average of 1,735,398 barrels per day in June 2026, representing positive growth for a 4th consecutive month.

According to a statement released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and signed by its Head, Media and Corporate Communications, Eniola Akinkuotu, on Sunday, in June, crude oil production hit 1.56mbpd while 0.18mbpd of condensates was produced. This means Nigeria met 104% of the 1.5 mbpd crude oil production quota set by OPEC.

In strict crude oil terms (excluding condensates), the 1.56 million daily average production Nigeria witnessed in June is the highest that Africa’s biggest oil producer has recorded since April 2020, thus representing a 74-month high.

 

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Chief Executive of NUPRC, Oritsemeyiwa Eyesan at the pre-bidding conference in Lagos on Wednesday, Jan 14, 2026

 

 

In June, NUPRC noted that the peak combined crude oil and condensate production was 1.89mbpd, reflecting Nigeria’s potential to reach 2mbpd in the near term. However, the lowest production was 1.57mbpd for the period in review.

According to the NUPRC, the improved performance was primarily driven by stable production operations across most producing assets and the absence of any major pipeline outages during the period under review.

This enhanced operational stability supported improved production uptime and crude evacuation efficiency.

 

Nigeria meets 104% of OPEC Quota as Production Soars

.Crude oil production rises to 74-month high

Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the month of June 2026, representing positive growth for a 4th consecutive month.… pic.twitter.com/wBppjwQnem

— NUPRC (@NUPRCofficial) July 12, 2026


 

The post Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High — NUPRC appeared first on Channels Television.

This article was sourced from an external publication.

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