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Nigeria Meets OPEC Oil Quota for Sixth Consecutive Month

Nigeria averaged 1.51 million barrels per day of crude oil production in October, reaching 101% of its OPEC+ ceiling of 1.5 million barrels per day for the sixth month in a row, data from the Nigerian Upstream Petroleum Regulatory Commission showed this week.

Nigeria Meets OPEC Oil Quota for Sixth Consecutive Month

The country produced a combined 1.688 million barrels per day of crude oil and condensate last month, according to the NUPRC. Condensate is excluded from OPEC+ production quotas.

The regulator attributed Nigeria’s steady crude output in recent months to improved operational stability, higher production uptime and efficient crude flows. Production reached 1.53 million barrels per day in May, a 15-month high and the highest level since January 2025. Nigeria had spent years falling short of its quota amid sabotage, oil theft and spills.

In the early weeks of the Iran war, Nigeria sought to raise production in response to major global supply disruptions caused by the closure of the Strait of Hormuz. Authorities aimed to add 100,000 barrels per day in the immediate term.

Nigeria has also stepped up efforts against oil theft and sabotage in the Niger Delta, which have previously forced shutdowns at major export streams. NNPC executive vice president Udy Ntia said the country aims to increase crude oil production to 2 million barrels per day by 2027.

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