No fewer than 485.44 million barrels of the 592 million barrels of oil produced in 2025 were exported, The PUNCH reports.
A latest industry report by the Nigerian Upstream Petroleum Regulatory Commission showed that the country exported 82 per cent of its oil output in 2025, leaving local refineries with 106.56 million barrels, which is 18 per cent of the output.
During the period under review, total oil lifted averaged 1.62 million barrels per day, of which 1.33 mbpd were exported, and 290,000bpd were left for local refineries.
The report stated that crude oil production during the review year was 82 per cent, while condensate was 18 per cent.
“In 2025, total crude oil and condensate production averaged 1.62 million barrels per day, translating to approximately 592 million barrels of total production for the year. The production mix consisted of crude oil: 82 per cent, equivalent to 1.33 mbpd; and condensate: 18 per cent, equivalent to 0.29 mbpd.”
