Crude Oil Losses Have Dropped To 9,600 Barrels Daily – Nigeria’s Upstream Regulator

Nigeria’s upstream lipid assemblage is experiencing a important diminution successful crude lipid losses from theft and metering issues, reaching the lowest levels the manufacture has seen since 2009. According to information released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), regular losses fell to 9,600 barrels per time (bpd) successful July 2025, marking a milestone successful the combat against lipid theft and inefficiencies.

Year-to-date figures for January done July 2025 amusement that 2.04 cardinal barrels were lost, averaging astir 9,960 bpd, a crisp driblet from erstwhile years. This fig represents a 50.2% simplification compared to the 2024 calendar year, erstwhile losses were recorded astatine 4.1 cardinal barrels oregon 11,300 bpd.

The betterment is adjacent much striking erstwhile compared to 2021, the highest twelvemonth successful caller past for crude losses. In 2021, Nigeria mislaid an estimated 37.6 cardinal barrels—averaging 102,900 bpd—the highest level recorded successful astir 23 years. Since then, losses person steadily declined: to 20.9 cardinal barrels (57,200 bpd) successful 2022, 4.3 cardinal barrels (11,900 bpd) successful 2023, and further to 4.1 cardinal barrels (11,300 bpd) successful 2024.

The NUPRC attributed this advancement to a operation of kinetic and non-kinetic strategies implemented nether the Petroleum Industry Act (PIA) of 2021. The Commission strengthened its collaboration with information agencies, operators, and section communities to halt amerciable crude activities.

To further fortify control, the NUPRC, nether the enactment of the Commission main executive, Gbenga Komolafe, approved 37 caller lipid evacuation routes to combat lipid theft.

On the regulatory side, NUPRC has conducted extended metering audits astatine upstream facilities to guarantee close reporting of accumulation and exports.

To tighten power implicit crude evacuation, NUPRC besides approved 37 caller crude lipid evacuation routes, explicitly designed to trim opportunities for theft.

The Commission’s concerted efforts person delivered a melodramatic 94.57 per cent simplification successful crude lipid losses compared to 2021 levels, underscoring a decisive turnaround for Nigeria’s upstream lipid assemblage aft years of chronic losses. The downward inclination points to expanding manufacture compliance and improved operational oversight, boosting gross prospects for the country.

As Nigeria moves person to eliminating crude lipid losses, these gains fortify assurance successful the sector’s governance and its captious relation successful nationalist economical growth.