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Nigeria’s oil sector notched another milestone in June 2026, with crude oil and condensate production climbing to an average of 1,735,398 barrels per day — the fourth straight month of growth. The figure comfortably exceeds the Organisation of Petroleum Exporting Countries’ 1.5 million barrels per day quota, with the country achieving 104 per cent compliance for the period.
According to Eniola Akinkuotu, Head of Media and Corporate Communications at the Nigerian Upstream Petroleum Regulatory Commission, oil alone accounted for 1.56 million barrels per day, supplemented by 0.18 million barrels per day of condensates. Excluding condensates, June’s crude output marks the highest level recorded since April 2020 — a 74-month high for Africa’s largest oil producer.
Production peaked at 1.89 million barrels per day during the month, a signal that Nigeria could be within reach of the 2 million barrels per day mark in the near future, even though output dipped to a low of 1.57 million barrels per day at another point in the period.
The upward trend has been consistent since the start of the year, rising from 1.483 million barrels per day in February to 1.546 million in March, 1.663 million in April, 1.700 million in May, and now 1.735 million in June — a month-on-month increase of 2.2 per cent.
Industry officials attribute the gains to steady operations across most producing assets and the absence of major pipeline disruptions, which improved uptime and crude evacuation efficiency. While a few assets experienced brief shutdowns, the impact on overall national output was negligible, and scheduled maintenance was completed without significant disruption.
By terminal, Bonny led output with 318.28 thousand barrels per day, up from 293.88 thousand in May, followed by Forcados at 306.36 thousand barrels per day, rising from 289.90 thousand. Qua Iboe slipped slightly to 164.73 thousand barrels per day, while Escravos climbed to 138.03 thousand barrels per day. Bonga rounded out the top five terminals with 103.66 thousand barrels per day.
