The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) declared that in November 2024, the country accomplished 99.04 per cent of its Organization of Petroleum Exporting Countries (OPEC) crude oil production quota of 1.5million barrels per day.
According to the commission’s November “Crude Oil Production 2024,” which The Nation obtained, in the review month, Nigeria hit 1.48mb/d of crude oil output.
The document said the country produced 204,828b/d of condensate , totalling 1.69mb/d of crude oil and condensate in the month under review.
Recall that in October 2024, the crude oil and condensate output was 1.53mb/d.
The Nigerian National Petroleum Company Limited (NNPCL) had on November 14, announced the achievement of 1.8million barrels per day production of crude oil and condensate.
The company attributed the feat to the dedication of its team work in the last weeks.
Owing to the announcement of the achievement, its board chairman, Chief Pius Akinyelure yesterday charged the firm to hit 3mb/d in December 2024.
Group Chief Executive Officer (GCEO), Malam Mele Kyari had directed the Production War Room Officer, Mr. Lawal Musa to present the data of the feat at the press briefing in Abuja.
Musa said “congratulations on exceeding 1.8mbopd ! This accomplishment reflects the dedication of all teams over the past weeks. Moving forward let’s build on this momentum and push towards our 2 MB/d by year end.”
He said the NNPCL contributed 80 per cent of the production figure.
