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Nigeria Improves Oil Production, But OPEC Gap Persists

Nigeria recorded one of OPEC’s strongest month-on-month crude oil production increases in November 2025, pumping 1.436 million barrels per day, up from 1.401 million bpd in October, the latest OPEC Monthly Oil Market Report for December has revealed.

The report, which relies on direct submissions from member countries, shows Nigeria added 35,000 barrels per day during the month, its biggest rise in several months. Despite the improvement, output still fell short of the nation’s assigned quota of 1.5 million bpd as authorities continue efforts to restore full production.

The modest rebound reflects gradual gains in security around key assets and improved optimisation across major oil terminals. November marks the fourth straight month that Nigeria has struggled to hit its OPEC allocation.

Production, which slumped in August and September due to maintenance work and industrial disruptions, edged upward again in October and November but remains below target.

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, recently insisted Nigeria would push for an increase in its OPEC quota. He argued that the current limit of around 1.5 million bpd does not reflect the country’s capacity and said Abuja would lobby for at least two million bpd. His remarks followed Nigeria’s output slide from over 1.5 million bpd in July to 1.39 million bpd in September.

Also Read: http://Oyigbo Community Laments: ‘We Power Nigeria But Lack a Bank’

While Nigeria posted one of the group’s more notable gains, overall OPEC crude production remained largely unchanged in November, inching up by 39,000 bpd to 25.17 million bpd.

Saudi Arabia delivered the largest increase, adding 48,000 bpd to reach 10.05 million bpd as it continued to shoulder the bulk of voluntary supply curbs. Libya’s output rose by 14,000 bpd to 1.365 million bpd, sustaining its recovery despite ongoing political uncertainty. Kuwait and the UAE recorded slight growth of 10,000 bpd and 8,000 bpd, respectively.

Venezuela extended its gradual rebound, increasing production by 10,000 bpd to 1.142 million bpd, supported by minor operational gains.

Iraq posted the steepest decline, cutting 40,000 bpd to 4.1 million bpd amid renewed pressure to adhere to its production obligations. Congo also saw a smaller dip of 8,000 bpd, producing 269,000 bpd. No direct figures were submitted by Iran, Gabon, or Equatorial Guinea.

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