Nigeria’s Crude, Condensate Output Hits 1.63mbpd In August

Nigeria’s upstream lipid assemblage recorded a year-on-year summation successful output, averaging 1.63 cardinal barrels per time (bpd) of crude lipid and condensates successful August 2025, up from 1.58 cardinal bpd successful the aforesaid play past year.

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

A breakdown of August 2025 accumulation comprises 1.43 cardinal bpd of crude oil, which grew 5.47 per cent compared to August past year, which posted a regular crude lipid mean of 1.36 cardinal bpd.

This reflects a dependable betterment and improved operational show crossed the industry.

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

It said, “Notably, Nigeria’s crude lipid output successful August met 96 per cent of its OPEC quota, which is acceptable astatine 1.5 cardinal bopd. This demonstrates the country’s capableness to conscionable its accumulation targets nether the OPEC agreement.

“On a month-on-month basis, determination was a flimsy 4.7 per cent driblet 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 of unscheduled attraction astatine an lipid facility.

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

In the reappraisal month, the NUPRC added that Forcados Terminal topped the accumulation charts, delivering a full of 8.99 cardinal barrels, including 8.08 cardinal barrels of crude lipid and 915,200 barrels of condensates.

Bonny Terminal followed closely, which produced a combined 6.26 cardinal barrels, consisting of 5.8 cardinal barrels of crude and 418,270 barrels of condensates.

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

Escravos Oil Terminal besides made a coagulated contribution, producing 4.18 cardinal barrels, comprised of 4.08 cardinal barrels of crude lipid and 107,000 barrels of condensate.