Nigeria’s oil output exceeds OPEC quota, hits 1.5mbpd in June

Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries (OPEC) quota in June 2025, marking the second time this year the country has surpassed its assigned target.

Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that Nigeria pumped an average of 1,505,474 barrels of crude per day in June, representing 100.4 percent of its OPEC quota of 1.5 million barrels per day (mbpd).

When condensates are included, total production climbed to 1.7mbpd—an improvement from previous months. In May, crude production averaged 1.45mbpd while combined crude and condensate stood at 1.65mbpd. In March, production had dropped to 1.60mbpd.

“The lowest and peak combined crude oil and condensate production in June were 1.61 million bopd and 1.82 million bopd, respectively,” NUPRC stated in its monthly report.

Despite the gain, Nigeria’s output still falls short of the 2.06mbpd target set in the 2025 national budget.

Commenting on the trend, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, said Nigeria is steadily ramping up production and aims to hit 2.06mbpd by 2027.

“We have started growing. In March, we were producing about 1.56 million barrels per day, and we’re now at 1.63 million, including condensates. By the end of the year, we are hoping to clock 1.9 million barrels daily,” Ojulari said.

He also disclosed that Nigeria recorded 100 per cent availability of major crude oil pipelines throughout June—an unprecedented milestone in recent years.

According to Ojulari, the sustained availability was the result of industry-wide security interventions coordinated by NNPC, which have helped stabilise production.

While celebrating the milestone, the NNPC boss emphasised the need for increased investments to further boost output. He noted that the national oil company has improved its funding of Joint Venture operations by consistently meeting its cash-call obligations—a critical factor in supporting production growth.

With enhanced pipeline infrastructure and improved security, industry analysts expect Nigeria’s oil production to rise further in the coming months.

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