Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High - NUPRC
Nigeria reached 104% of its OPEC crude oil production quota in June 2026, marking a 74-month high in output. The NUPRC attributed this growth to stable operations and the absence of pipeline outages.
Why it matters
Increased oil production is critical for Nigeria's economic stability and its standing within the global energy market.
Nigeria has met its production quota set by the Organisation of Petroleum Exporting Countries (OPEC), as crude oil and condensate production soared to an average of 1,735,398 barrels per day in June 2026, representing positive growth for a 4th consecutive month.
According to a statement released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and signed by its Head, Media and Corporate Communications, Eniola Akinkuotu, on Sunday, in June, crude oil production hit 1.56mbpd while 0.18mbpd of condensates was produced. This means Nigeria met 104% of the 1.5 mbpd crude oil production quota set by OPEC.
In strict crude oil terms (excluding condensates), the 1.56 million daily average production Nigeria witnessed in June is the highest that Africa’s biggest oil producer has recorded since April 2020, thus representing a 74-month high.
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