News Industry

Nigeria Beats OPEC Output Cap Twice Before Quota Hike Request

Nigeria Beats OPEC Output Cap Twice Before Quota Hike Request
Wednesday, 13 August 2025 14:24

• Nigeria produced 1.507 million b/d in July, above its 1.5 million b/d OPEC limit.
• Output recovery driven by facility restarts and tighter Niger Delta security.
• Abuja to seek higher quota at November 30 OPEC meeting.

For the second straight month, Nigeria has pumped crude oil above the limit set by the Organization of the Petroleum Exporting Countries (OPEC). The group’s monthly report, published on Tuesday, August 12, showed average output at 1.507 million barrels per day (b/d) in July, up slightly from 1.505 million b/d in June.

This exceeds the country’s quota of 1.5 million b/d. The increase comes as Nigeria prepares to ask for a higher ceiling at the next OPEC ministerial meeting on Sunday, November 30.

Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shows total oil production reached 1.78 million b/d in July, helped by the restart of idle facilities and improved security in the Niger Delta.

The overproduction coincides with OPEC and its allies (OPEC+) gradually restoring 2.2 million b/d of output that had been voluntarily cut since 2023 to support prices. The cuts have been eased in phases: 411,000 b/d in May, June, July, and August, followed by 547,000 b/d in September, which will mark the end of the voluntary reductions. The move will raise global supply, increasing competition for market share and national quotas.

In 2022 and 2023, Nigeria consistently produced 300,000 to 500,000 b/d below its quota of 1.8 million b/d due to technical problems, vandalism of oil infrastructure, and delayed maintenance.

By exceeding its quota for two consecutive months, Nigeria seeks to prove it has regained production capacity even as OPEC+ raises output. This underpins the country’s goal, announced in May, to lift its quota to 2 million b/d by 2027.

The November negotiations will determine whether Nigeria can turn this display of capacity into an officially higher quota.

On the same topic
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards...
Mozambique expects Rovuma LNG construction to start within 12-18 months Improved security enables restart of major northern gas...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.