SEATTLE (Oil Monster): Nigeria's crude oil production climbed to its strongest level in more than six years during June this year. According to the latest production figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s oil output during the month exceeded the production limit assigned by the Organization of the Petroleum Exporting Countries (OPEC).
According to the regulator, Nigeria produced an average of 1.56 million barrels of crude oil per day in June, slightly above its OPEC quota of 1.5 million barrels per day. When condensates are added, the country's total liquid hydrocarbons output reached 1.735 million barrels per day, up from 1.70 million barrels per day recorded in May.
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The latest production figure marks the fourth consecutive month of growth and represents the highest monthly crude output since April 2020. Officials attributed the improvement to uninterrupted operations at producing fields and better pipeline reliability.
The NUPRC also reported that combined production of crude oil and condensates briefly touched 1.89 million barrels per day during June. The country moved closer to its long-term goal of producing 2 million barrels per day.
Nigeria has faced years of production challenges due to pipeline vandalism, crude oil theft, and operational disruptions. However, stronger security measures in the Niger Delta and ongoing efforts to curb illegal activities have helped restore production levels.
