The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday disclosed that the nation’s upstream oil sector had continued to witness a dramatic turnaround, with crude losses from theft and metering issues dropping to 9,600 barrels per day in July this year, the lowest in nearly 16 years.
In a statement in Abuja signed by the commission’s Head of Media and Strategic Communications, Eniola Akinkuotu, the NUPRC explained that the figure was the lowest figure since 2009 when losses dropped to an all-time low of 8,500 bpd.
It noted that the progress marked a major leap forward in the commission’s relentless drive to eliminate all forms of crude losses across Nigeria’s oilfields and pipelines.
“Between January and July 2025, crude oil losses were contained at 2.04 million barrels, averaging 9,600 barrels per day over the seven-month period. This marks a clear departure from the high-loss years that have long plagued the industry,” the commission stated.
