Nigeria has again surpassed its OPEC-mandated production ceiling for the second consecutive month, with June crude oil output soaring to an average of 1.56 million barrels per day (mbpd).This production volume represents 104% of the country’s 1.5 mbpd OPEC quota and marks Nigeria’s highest crude production level in over six years.According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the daily average production was 1.74 million barrels per day, comprising both crude oil and condensate.The statistics show a steady upward trend, increasing from 1.483 mbpd in February to 1.735 mbpd in June, representing a 2.2% monthly growth.The improved performance is attributed to stable production operations, minimal pipeline outages, and effective maintenance activities.Key terminals like Bonny and Forcados saw production increases, while Qua Iboe and Escravos showed mixed results.

The NUPRC highlighted the commitment of operators to enhance operational efficiency and maintain asset integrity, ensuring sustained growth in the Nigerian upstream petroleum sector.