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August 13, 2026
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  • Nigeria’s June Oil Production Hits 1.73m bpd, Surpassing OPEC Quota at 74-Month High
  • Business & Economy

Nigeria’s June Oil Production Hits 1.73m bpd, Surpassing OPEC Quota at 74-Month High

Admin July 13, 2026
reserves crude oil
Crude oil barrels

…As Bonny, Forcados Terminals

Nigeria’s crude oil and condensate production climbed to a daily average of 1,735,398 barrels in June 2026, marking the country’s fourth consecutive month of positive output growth.

According to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday, standalone crude oil production hit 1.56 million barrels per day (mbpd), while condensate production accounted for 0.18 mbpd.

With this performance, Nigeria successfully achieved 104% of its 1.5 mbpd crude oil production quota set by the Organisation of Petroleum Exporting Countries (OPEC).

Excluding condensates, the 1.56 mbpd crude average represents Africa’s largest oil producer’s highest output since April 2020, a 74-month high.

The NUPRC report highlighted that the nation’s peak combined production touched 1.89 mbpd during the month, signaling strong potential to hit the 2 mbpd mark in the near term. Conversely, the lowest recorded production during the period was 1.57 mbpd.

Nigeria has maintained a steady upward trajectory since the beginning of the year. Combined daily averages grew from 1.483 mbpd in February to 1.546 mbpd in March, 1.663 mbpd in April, 1.700 mbpd in May, and finally 1.735 mbpd in June, representing a 2.2% month-on-month growth.

Key Drivers of Growth
The NUPRC attributed the improved performance to stable operations across major producing assets and the complete absence of major pipeline outages. This operational stability significantly bolstered production uptime and evacuation efficiency.

While a few assets faced short-duration operational shutdowns, their impact on national output was minimal. Furthermore, scheduled turnaround maintenance activities were effectively managed without causing major disruptions.

“The sustained growth recorded in June reflects the continued commitment of operators and industry stakeholders towards improving operational efficiency, maintaining asset integrity, and enhancing production reliability across the Nigerian upstream petroleum sector,” the commission stated.

Terminal Breakdown
A breakdown of the daily average combined production by terminal revealed that Bonny Terminal led the country’s output, accounting for 318.28 kilobarrels per day (kbpd), up from 293.88 kbpd in May.

Forcados Terminal followed closely with 306.36 kbpd, an increase from 289.90 kbpd the previous month.

Escravos Oil Terminal posted a daily average of 138.03 kbpd, rising from 135.47 kbpd in May.

Bonga ranked as the fifth-highest producing stream, delivering an average of 103.66 kbpd compared to 102.54 kbpd in May.

Conversely, Qua Iboe Terminal experienced a slight dip, recording an average production of 164.73 kbpd, down from 173.36 kbpd in May.

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Tags: NUPRC opec

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