HomeEnergyNigeria Meets OPEC Quota as August Oil Output Rises to 1.5m bpd

Nigeria Meets OPEC Quota as August Oil Output Rises to 1.5m bpd

Nigeria’s crude oil production rose by 0.4 per cent in August 2026 to an average of 1,500,190 barrels per day, allowing the country to meet its OPEC production quota for the fourth consecutive month.

When condensates are included, total crude oil and condensate output averaged 1,677,777 barrels per day during the month, according to the Nigerian Upstream Regulatory Commission (NUPRC).

The NUPRC, in a statement issued on Sunday by its Head of Media and Corporate Communications, Eniola Akinkuotu, said the combined daily output ranged from a low of 1.64 million barrels per day to a high of 1.71 million barrels per day in August.

The regulator attributed the increase largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field, which had affected production in July. The restoration of normal production and evacuation operations at the asset helped improve overall output during the month.

Bonny Terminal recorded the highest average production among the terminals and streams listed by the NUPRC, with 320.04 thousand barrels per day of crude oil and condensates. Forcados Terminal followed with 317.40 thousand barrels per day.

Qua Iboe Terminal recorded an average 171.72 thousand barrels per day, while Escravos Oil Terminal produced an average of 131.71 thousand barrels per day.

Bonga ranked fifth, with an average production of 92.50 thousand barrels per day of crude oil.

The NUPRC said production activities across most other producing assets remained relatively stable during the month, with operators continuing measures to improve production efficiency, maintain asset integrity and reduce operational disruptions.

Routine crude production and evacuation operations were also largely sustained across the industry, supporting the modest improvement in national output.

The regulator said the August figures reflected ongoing efforts to address operational bottlenecks and restore affected production capacity, while stakeholders remained focused on improving asset reliability and operational resilience.

It also stressed the importance of timely intervention, effective asset management and continued cooperation among industry stakeholders to protect and increase Nigeria’s crude oil production capacity.

The latest figures come as sustained growth in oil production remains important to Nigeria’s government revenues, foreign exchange earnings and broader economic outlook.

Akeem Adebayo
Akeem Adebayo
Akeem Olalekan Adebayo is an Editor at newsfocusng.com, covering Business, Energy, Foreign Affairs, and Defence, with a focus on clear, balanced analysis of issues shaping Nigeria and the global economy.
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