Nigeria records 3.33 million barrels of crude oil theft in 2025 – NUPRC
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Verified Synthesis~44s readNigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The annual report also showed that Nigeria produced 541.08 million barrels of crude oil and blended condensate in 2025, based on the quarterly figures.
Context & Background
- ✦For 2026, the Federal Government’s budget is based on crude oil production of 1.84 million barrels per day and an oil price benchmark of $64.85 per barrel.
Key Figures & Named Entities
2025:Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).2025:The commission disclosed this in its 2025 annual report released on Thursday, which also detailed the country’s crude oil production, domestic supply, exports and field development activities during the year.2025:The figures show that reported theft was heavily concentrated towards the end of 2025, even as the commission outlined plans to expand the country’s oil and gas production capacity through new field developments.
Outlook & Next Steps
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Key Takeaways
Verified Extract- Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
- The annual report also showed that Nigeria produced 541.08 million barrels of crude oil and blended condensate in 2025, based on the quarterly figures.
- For 2026, the Federal Government’s budget is based on crude oil production of 1.84 million barrels per day and an oil price benchmark of $64.85 per barrel.
Key Facts:2025: Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).2025: The commission disclosed this in its 2025 annual report released on Thursday, which also detailed the country’s crude oil production, domestic supply, exports and field development activities during the year.2025: The figures show that reported theft was heavily concentrated towards the end of 2025, even as the commission outlined plans to expand the country’s oil and gas production capacity through new field developments.2026: Fourth quarter accounts for most oil theft The quarterly breakdown showed significant variations in reported losses: How OPay customers can check eligibility for FG’s N50,000 reliefHow Moniepoint customers can check eligibility for FG’s N50,000 relief supportTop 10 Nigerian insurers that paid the most claims in 9M 2026 Nigeria recorded 896,471 barrels of crude oil theft in the first quarter.
Editorial Excerpt
Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Frequently Asked Questions About This Story
What is the latest development regarding Nigerian Upstream Petroleum Regulatory Commission?
Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Nigerian Upstream Petroleum Regulatory Commission, Tony Elumelu, Bola Ahmed Tinubu.
What timeline or key figures were confirmed?
Nigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
