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		<title>Nigeria meets 96% OPEC quota in August as output averages 1.63mbpd</title>
		<link>https://frontpageng.com/nigeria-meets-96-opec-quota-in-august-as-output-averages-1-63mbpd/</link>
		
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		<pubDate>Sun, 21 Sep 2025 10:57:49 +0000</pubDate>
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		<category><![CDATA[ekinkuotu]]></category>
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					<description><![CDATA[<p>Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025,</p>
<p>The post <a href="https://frontpageng.com/nigeria-meets-96-opec-quota-in-august-as-output-averages-1-63mbpd/">Nigeria meets 96% OPEC quota in August as output averages 1.63mbpd</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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										<content:encoded><![CDATA[<p>Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025,</p>
<p>This is an improvement from 1.58 million bopd in the same period 2024.</p>
<p>This is based on Crude Oil and Condensate Production for August 2025 report, released by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, on Saturday.</p>
<p>The report was signed by its Head, Media and Strategic Communications, Eniola Akinkuotu.</p>
<p>It said that Nigeria’s crude oil output in August met 96 per cent of its Organisation of the Petroleum Exporting Countries (OPEC) quota, set at 1.5mbpd.</p>
<p>It said that the performance demonstrated the country’s capacity to meet its production targets under the OPEC agreement.</p>
<p>“A breakdown of August 2025 production comprised 1.43 million bopd of crude oil, which grew by 5.47 per cent compared to August 2024, which posted a daily crude oil average of 1.36 million bopd.</p>
<p>“This reflects a steady recovery and improved operational performance across the industry,” it said.</p>
<p>The report said that daily condensate production in August stood at 197,229 bpd, reflecting a slight decline from 220,435 bpd in August 2024.</p>
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<p>It said that on a month-on-month basis, there was a slight drop of 4.7 per cent in combined crude oil and condensate production from 1.71 million bopd in July.</p>
<p>“Similarly, crude oil production itself declined by 4.8 per cent, down from 1.5 million bopd in July 2025.</p>
<p>“The month-on-month drop was driven by a single day unscheduled maintenance at an oil facility.</p>
<p>“In the month of August, the lowest and peak combined crude and condensate production were 1.59 million bopd and 1.85 million bopd respectively.</p>
<p>“In the month under review, Forcados Terminal topped the production charts, delivering a total of 8.99 million barrels, including 8.08 million barrels of crude oil and 915.2k barrels of condensates,” it said.</p>
<p>It said Bonny Terminal followed closely, after producing a combined 6.26 million barrels, consisting of 5.8 million barrels of crude and 418,270 barrels of condensates.</p>
<p>Meanwhile, the report said that Qua Iboe Terminal recorded a total of 4.99 million barrels, with 4.94 million barrels of crude and 50, 500 barrels of condensates.</p>
<p>It said that Escravos Oil Terminal also made a solid contribution, producing 4.18 million barrels, comprised of 4.08 million barrels of crude oil and 107k barrels of condensate.</p>
<p><strong><em>Source: NAN </em></strong></p>
<p>The post <a href="https://frontpageng.com/nigeria-meets-96-opec-quota-in-august-as-output-averages-1-63mbpd/">Nigeria meets 96% OPEC quota in August as output averages 1.63mbpd</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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