Nigeria Exceeds OPEC Quota By Four Percent In June
With a record of 104%, Nigeria exceeded the Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota in June 2025 by four percent.
In the month under review, the country’s crude oil output was 1.505million barrels of oil per day, surpassing the 1.5mopd, the cartel allowed it to produce.
The Nigerian Upstream Petroleum Regulatory Commission made this known in its document titled: “Crude Oil and Condensate Production June 2025.”
The report said: “The average crude oil production was 100.4% of OPEC quota (1.5mbpd).”
In its remarks on June production, NUPRC disclosed that the lowest and peak combined crude oil and condensate production in June were 1.61mbopd and 1.8mbopd respectively.
It further stated that daily average production in June was 1.697mbopd, comprising of both crude oil of 1.505mbopd and condensate of 191,572 bopd.
In May 2025, Nigeria produced 1.485mbopd, and its output in April was 1.452mbopd.
In March, the country’s output was 1.400mbopd, and 1.465mbopd in February and 1.538mbopd in January.
Although the NUPRC did not attribute the marginal rise in June output to any reason, The Nation learnt it was due to the relative peace in the Nigerian Delta and the fight against oil theft that has culminated in the reopening of some shut-in wells.
The post Nigeria Exceeds OPEC Quota By Four Percent In June appeared first on The Bureau Newspaper.
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