SAT MAY 16 2026-theGBJournal| Nigeria’s crude oil production, including condensates, rose by 7.6% m/m to 1.66 mb/d in April (March: 1.55 mb/d) – its highest level since July 2025, According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The improvement was underpinned by stronger output from key terminals, particularly Forcados (+41.9% m/m), Cawthorne (+25.0% m/m), Bonga (+7.4% m/m), and Bonny (+5.1% m/m).
These gains more than offset weaker production across the Brass (-9.7% m/m), Odudu (-8.5% m/m), Escravos (-7.5% m/m), Qua Iboe (-5.4% m/m), and Agbami (-4.1% m/m) terminals.
Crude oil production is expected to improve gradually in the near term, supported by increased oil investment, recent infrastructure upgrades, improved security conditions, and the integration of new oil fields and evacuation routes, including the FSO Cawthorne terminal.
However, persistent structural constraints, particularly ageing assets and recurring maintenance-related shutdowns, are likely to limit the pace of output expansion.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
