Nigeria meets 96% OPEC quota in Aug., as output averages 1.63mbpd – NUPRC  

Nigeria’s upstream lipid assemblage has recorded a year-on-year output increase, averaging 1.63 cardinal barrels per time (bopd) of crude lipid and condensates successful August 2025,

This is an betterment from 1.58 cardinal bopd successful the aforesaid play 2024.

This is based connected Crude Oil and Condensate Production for August 2025 report, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) connected Saturday.

The study was signed by its Head, Media and Strategic Communications, Eniola Akinkuotu.

It said that Nigeria’s crude lipid output successful August met 96 per cent of its Organisation of the Petroleum Exporting Countries (OPEC) quota, acceptable astatine 1.5mbpd.

It said that the show demonstrated the country’s capableness to conscionable its accumulation targets nether the OPEC agreement.

“A breakdown of August 2025 accumulation comprised 1.43 cardinal bopd of crude oil, which grew by 5.47 per cent compared to August 2024, which posted a regular crude lipid mean of 1.36 cardinal bopd.

“This reflects a dependable betterment and improved operational show crossed the industry,” it said.

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The study said that regular condensate accumulation successful August stood astatine 197,229 bpd, reflecting a flimsy diminution from 220,435 bpd successful August 2024.

It said that connected a month-on-month basis, determination was a flimsy driblet of 4.7 per cent successful combined crude lipid and condensate accumulation from 1.71 cardinal bopd successful July.

“Similarly, crude lipid accumulation itself declined by 4.8 per cent, down from 1.5 cardinal bopd successful July 2025.

“The month-on-month driblet was driven by a azygous time unscheduled attraction astatine an lipid facility.

“In the period of August, the lowest and highest combined crude and condensate accumulation were 1.59 cardinal bopd and 1.85 cardinal bopd respectively.

“In the period nether review, Forcados Terminal topped the accumulation charts, delivering a full of 8.99 cardinal barrels, including 8.08 cardinal barrels of crude lipid and 915.2k barrels of condensates,” it said.

It said Bonny Terminal followed closely, aft producing a combined 6.26 cardinal barrels, consisting of 5.8 cardinal barrels of crude and 418,270 barrels of condensates.

Meanwhile, the study said that Qua Iboe Terminal recorded a full of 4.99 cardinal barrels, with 4.94 cardinal barrels of crude and 50, 500 barrels of condensates.

It said that Escravos Oil Terminal besides made a coagulated contribution, producing 4.18 cardinal barrels, comprised of 4.08 cardinal barrels of crude lipid and 107k barrels of condensate.

The station Nigeria meets 96% OPEC quota successful Aug., arsenic output averages 1.63mbpd – NUPRC   appeared archetypal connected Vanguard News.