SAT AUG 23 2025-theGBJournal| Nigeria’s crude oil output remained above its OPEC+ quota of 1.50 mb/d for the second consecutive month, averaging 1.50 mb/d in July (June: 1.50 mb/d), according to OPEC’s August Monthly Oil Market Report (MOMR).
This modest outperformance reflects the combined impact of improved security conditions in the Niger Delta and a gradual rebound in upstream investment, supported by the transfer of divested assets from international oil companies to indigenous operators.
Indigenous players have increasingly taken the lead in deploying capital and accelerating field development, which has helped sustain production levels despite lingering operational and infrastructural challenges.
Notably, average crude production in H1-25 stood at 1.47 mb/d, underscoring the sector’s gradual but fragile recovery momentum.
Overall, Nigeria’s crude oil production is expected to remain marginally above the OPEC+ quota through year-end, underpinned by improved security measures and a gradual recovery in sector investments.
However, lingering vulnerabilities around pipeline security and operational bottlenecks remain key downside risks that could cap the sustainability of recent gains.
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