Refinery
By Olayiwola Mercy
Nigeria’s crude oil production has risen by 10% year-over-year to 1.71 million barrels per day (bpd) in July 2025, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This marks a significant increase from the 1.56 million bpd produced in July 2024. The country’s crude oil output, excluding condensates, stood at 1.507 million bpd, while condensates contributed 204,864 bpd to the total production figure.
The terminal performance for the month showed notable increases in production levels. For instance, Forcados recorded the highest output in July with 9.04 million barrels, representing a 2.1% increase from 8.85 million barrels in June. Similarly, Bonny’s production rose to 8.07 million barrels in July, marking a 12.7% increase compared to 7.16 million barrels in June. Escravos also saw a growth in output, with production rising 7.1% to 4.47 million barrels in July, up from 4.17 million barrels in June.
Brass terminal witnessed a significant surge in production, with output growing 27% to 1.12 million barrels in July. However, Qua Iboe terminal experienced a slight decline in production, falling to 4.55 million barrels in July, which is lower than the 5.08 million barrels produced in June.
The Nigerian National Petroleum Company Limited (NNPC) attributes the increase in oil production to improved security measures and collaboration with security agencies, which has significantly reduced crude theft and pipeline vandalism. According to Bayo Ojulari, NNPC’s Group Chief Executive Officer, the support of security forces and intelligence agencies has led to a substantial improvement in the receipt of crude oil at pipelines and terminals, from 20-30% to nearly 100%. This development has been instrumental in boosting the country’s oil production levels.
The increase in crude oil production is a positive development for Nigeria’s economy, which heavily relies on oil revenue. The growth in production is expected to have a positive impact on the country’s foreign exchange earnings and government revenue. However, the sector still faces challenges, including the need for further investment in infrastructure and security measures to sustain the growth in production.
