Nigeria's Crude Oil Exports Reach 485 Million Barrels in 2025

In 2025, Nigeria exported 485 million barrels of crude oil, representing 82% of its total oil output, according to a report from the Nigerian upstream petroleum regulatory commission. The total oil lift averaged 1.62 million barrels per day, with exports at 1.33 million barrels per day and local refineries receiving only 18% of the output, which amounted to 106.56 million barrels.

The report indicates a stable hydrocarbon portfolio with no significant shift towards condensate production. The export figures come at a time when Dangote's refinery is facing a shortage of local crude supply, forcing it to rely on imports.

The Nigerian National Petroleum Company (NNPC) has been challenged by a limited increase in crude supply, impacting local refining capacity. The report underscores Nigeria's continued dependence on the international crude market, particularly in light of global price volatility and the ongoing expansion of domestic refining capabilities.