Nigeria’s crude oil production rose to its \u200bhighest level in more than six years \u200cin June, as stable operations and improved pipeline reliability boosted output, according to data released by the regulator on Sunday.<\/p>\n
Africa’s \u200blargest oil producer pumped an average of \u200b1.56 million barrels per day of crude oil \u2060last month, above the 1.5 million bpd quota \u200ballocated by the Organization of the Petroleum Exporting Countries, \u200b4% more than its quota, data from the Nigeria Upstream Regulatory Commission showed.<\/p>\n
Including condensates, which are not subject to OPEC \u200bquotas, Nigeria’s total oil production averaged 1.735 million \u200bbpd in June, up from 1.700 million bpd in May and \u200cmarking \u2060a fourth consecutive month of growth.<\/p>\n
June’s crude oil output was the highest recorded since April 2020, a 74-month high.<\/p>\n
Stable operations across producing assets and the absence \u200bof major \u200bpipeline outages \u2060helped support production uptime and crude evacuation, according to the data.<\/p>\n
Nigeria’s output has \u200bsteadily increased in recent months, rising from \u200b1.483 \u2060million bpd in February to 1.546 million bpd in March, 1.663 million bpd in April, 1.700 million bpd \u2060in \u200bMay and 1.735 million bpd in \u200bJune. June production was 2.2% higher than the previous month.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nigeria’s crude oil production rose to its \u200bhighest level in more than six years \u200cin June, as stable operations and improved pipeline reliability boosted output, according to data released by the regulator on Sunday. Africa’s \u200blargest oil producer pumped an average of \u200b1.56 million barrels per day of crude oil \u2060last month, above the 1.5 […]<\/p>\n","protected":false},"author":1,"featured_media":10515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":4,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_comment_section":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2831,2362,27],"tags":[175],"class_list":["post-21420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-featured","category-west-africa","tag-nigeria"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/21420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=21420"}],"version-history":[{"count":1,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/21420\/revisions"}],"predecessor-version":[{"id":21421,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/21420\/revisions\/21421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/10515"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=21420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=21420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=21420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}