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Nigeria’s oil losses fall to 17,600 barrels per day

By , based on ThisDay

Nigeria’s oil losses fall to 17,600 barrels per day

Nigeria’s daily crude oil losses fell from 102,900 barrels in 2021 to 17,600 between January and July 2026, despite a 93.4% rise compared with 2025. Liquid hydrocarbons production reached 1.63 million barrels per day over the period, according to Nigeria’s upstream sector regulator.

Nigeria’s daily crude oil losses reached 17,600 barrels per day between January and July 2026, compared with 9,100 barrels per day in 2025, an increase of 93.4%. The figures, published by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in its anniversary publication “The Upstream Gaze”, show losses rising again after five years of decline, ThisDay reports.

Losses fell from 102,900 barrels per day in 2021 to 55,000 in 2022, then 22,900 in 2023 and 11,200 in 2024. The NUPRC attributes the progress to the actions of the military, local pipeline surveillance groups in the Niger Delta and the installation of modern crude oil metering systems.

Total liquid hydrocarbons production averaged 1.63 million barrels per day in the first seven months of 2026, compared with 1.62 million in 2025. Crude oil production rose to 1.46 million barrels per day, while blended condensate production fell to 170,000 barrels per day. Nigerian refineries received 460,000 barrels per day, compared with 280,000 a year earlier, or about 29% of total production of 1.61 million barrels per day.

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