Nigeria records highest crude production, exceeds OPEC’s quota

Nigeria has recorded its highest crude lipid accumulation successful 11 months, hitting 1.70 cardinal barrels per time successful May 2026.

According to information released precocious by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s crude lipid accumulation for May surpassed the Organisation of the Petroleum Exporting Countries (OPEC) quota of 1.5 cardinal barrels per day.

During the reappraisal period, accumulation show remained robust, with combined crude lipid and condensate output ranging betwixt a debased of 1.51 cardinal bpd and a highest of 1.86 cardinal bpd.

The May 2026 accumulation figures correspond the highest recorded by Nigeria since July 2025, erstwhile output surged to 1.71 cardinal bpd.

Accordingly, Bonny Terminal led Nigeria’s May 2026 output with 293,870 bpd. Forcados followed intimately astatine 289,900 bpd. Qua Iboe ranked 3rd with 173,360 bpd, portion Escravos contributed 135,470 bpd.

Odudu (Amenam Blend) completed the apical 5 accumulation streams, accounting for 63,250 bpd during the period nether review.

NUPRC attribu...