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    Home»Nigeria Business»Nigeria’s Crude, Condensate Output Hits 1.63mbpd In August
    Nigeria Business

    Nigeria’s Crude, Condensate Output Hits 1.63mbpd In August

    NigeriaNewzBy NigeriaNewzSeptember 20, 2025No Comments2 Mins Read
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    Nigeria’s upstream oil sector recorded a year-on-year enhance in output, averaging 1.63 million barrels per day (bpd) of crude oil and condensates in August 2025, up from 1.58 million bpd in the identical interval final yr.

    That is primarily based on Crude Oil and Condensate Manufacturing for August 2025, launched by the Nigerian Upstream Petroleum Regulatory Fee (NUPRC) on Saturday.

    A breakdown of August 2025 manufacturing contains 1.43 million bpd of crude oil, which grew 5.47 per cent in comparison with August final yr, which posted a day by day crude oil common of 1.36 million bpd.

    This displays a gradual restoration and improved operational efficiency throughout the business.

    The NUPRC stated its day by day condensate manufacturing in August stood at 197,229 bpd, reflecting a slight decline from 220,435 bpd in August 2024.

    It stated, “Notably, Nigeria’s crude oil output in August met 96 per cent of its OPEC quota, which is ready at 1.5 million bopd. This demonstrates the nation’s capability to satisfy its manufacturing targets underneath the OPEC settlement.

    “On a month-on-month foundation, there was a slight 4.7 per cent drop in mixed crude oil and condensate manufacturing from 1.71 million bopd in July.

    “Equally, crude oil manufacturing itself declined by 4.8 per cent, down from 1.5 million bopd in July 2025.

    “The month-on-month drop was pushed by a single day of unscheduled upkeep at an oil facility.

    “In August, the bottom and peak mixed crude and condensate manufacturing have been 1.59 million bopd and 1.85 million bopd, respectively.”

    Within the evaluation month, the NUPRC added that Forcados Terminal topped the manufacturing charts, delivering a complete of 8.99 million barrels, together with 8.08 million barrels of crude oil and 915,200 barrels of condensates.

    Bonny Terminal adopted intently, which produced a mixed 6.26 million barrels, consisting of 5.8 million barrels of crude and 418,270 barrels of condensates.

    In the meantime, Qua Iboe Terminal recorded a complete of 4.99 million barrels, with 4.94 million barrels of crude and 50,500 barrels of condensates.

    Escravos Oil Terminal additionally made a stable contribution, producing 4.18 million barrels, comprised of 4.08 million barrels of crude oil and 107,000 barrels of condensate.



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